Noticias

Jorge San Martín en la conferencia de la University of San Diego School of Law — Procopio International Tax Institute annual conference
07 de Noviembre de 2017

Jorge San Martín en la conferencia de la University of San Diego School of Law — Procopio International Tax Institute annual conference

There is a misconception that Mexicans with undisclosed offshore assets are motivated “solely and exclusively” by the goal of avoiding taxes, according to a panelist at a tax conference discussing the recent conclusion of an asset repatriation program.

The reality is that Mexicans often park their assets offshore because of a dearth of secure investment options in a country with a long history of devaluations and political instability, said Andrés Fuentes of Administradora Akaan S.A. de C.V., an asset management company.

Fuentes was taking part in an October 26 panel exploring the repatriation program during the University of San Diego School of Law — Procopio International Tax Institute annual conference.


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