The adverse consequences of COVID-19 could be broad, including reduction of consumer demand, supply chain disruption, and an increase in risk aversion in financial markets (driven by an overall downturn in business and consumer confidence). Local subsidiaries of multinational enterprises (MNEs) in affected regions, even those that are operating “business…
Moisés Curiel heads Baker McKenzie’s Transfer Pricing and Valuation practice in Mexico. He has more than 24 years of experience in transfer pricing and international taxes. Moisés served as the transfer pricing audits and resolutions administrator of Mexico’s Ministry of Finance and Public Credit for almost eight years. He helped to prepare and implement various transfer pricing rules in Mexico, including the Income Tax Law, the Temporary Tax Ruling and the Federal Tax Code. He also led the country’s Advance Pricing Agreements Program and conducted the first transfer pricing audits in Mexico and in Latin America. He has also proposed amendments to legislation on various matters for Latin American countries, and represented Mexico before the OECD. Since 2003, he has been recognized for his practice by International Tax Review. He is tax counsel for the maquiladora industry and the Employers’ Confederation of the Mexican Republic. Moisés is also a professor and coordinator in the Transfer Pricing specialization in conjunction with the Universidad Anáhuac and European School of Business for five generations.