Mexico: President of Mexico submits a draft bill to ban subcontracting (Outsourcing)
On 12 November 2020, the President of Mexico, Andrés Manuel Lopez Obrador, submitted a draft bill to Congress that would prohibit the subcontracting of personnel and regulate the performance of specialized services and works. The draft bill, if passed, would reform the Federal Labor Law (FLL), the Social Security Law, the Law of the Institute of the National Workers Housing Fund (INFONAVIT), the Federal Fiscal Code, the Income Tax Law and the Value Added Tax Law.
In brief
On 12 November 2020, the President of Mexico, Andrés Manuel Lopez Obrador, submitted a draft bill to Congress that would prohibit the subcontracting of personnel and regulate the performance of specialized services and works. The draft bill, if passed, would reform the Federal Labor Law (FLL), the Social Security Law, the Law of the Institute of the National Workers’ Housing Fund (INFONAVIT), the Federal Fiscal Code, the Inc
louisiana and others rebuild. i m hopeful in visiting with the white house yesterday, beginning the process with governor abbott and others and our local community. i hope our package is helpful, not wasteful. it s the basis of what the communities need. i m confident we can do that. we can do that probably in two different steps. one the more immediate one. this is the discussion we re having right now. i ll tell you just like the rest of the year, we ve run a parallel track on tax reform. we have run through august. our tax teams are working and principles are talking. we re meeting with the president tuesday on this issue as soon as we get back. so look, i still all this is a challenge, no question about it. again, we re still focused on delivering this this year. neil: that meeting later on with the president next week, as you know, chairman, will include nancy pelosi and chuck schumer. both have said if there s one penny for the top 1%, dead on
before christmas. we are going to get this done in 2017. not, not, not. we still don t have tax reform. i stress, i don t want you to be pointing fingers at this guy because he s worked on this issue harder than anyone i know. all of them combined. the house ways and means chairman, kevin brady. if the president so much as thinks of tweet ago nasty thing about you, i m going to start a campaign. very good to have you. what do you make of this? thanks, neil. so my focus, our focus is still on this year. i know there s been different dates and weeks and months that people put out there. the focus is this year. we re on that timetable. i know we re not in washington right now, but the work is continuing. our tax teams are meeting daily. having discussions with the principles on this. so when we re ready with it, we ll make the announcement. our timetable is finishing by
they love the fairness of it and simplicity of it, are you willing to give up lots of special provisions for some, so we get lower rates and simple fairness for others, they love this approach, now that we don t have a lot to work in this area but drives the interest. maria: can you pull back the cur taken for us and tell us what s going to be going on in august and in september in terms of the meetings that you re going to be having to really dig deeper in terms of what we are going to see from tax reform package in. yeah, there s really three key actions in august, one the tax teams working with president trump s team and senate republicans will continue work to narrow the differences and find common ground. our tax teams will be writing the legislation as they have for about six months to be ready and will be work to go get the score on that to make sure it s permanent and bounce within the budget. final thing we will be doing in august is making the case along with president trum
bold tax reform. we have another meeting today with the white house. principles as well as the senate. speaker ryan as well. our tax teams are meeting regularly. the principles are meeting regularly. we re focused on getting it done this year. i think we re making good progress. neil: when you say this year , when? first we talked about summer. now here we are. august. then they said labor day. where are we? yeah, i think everybody is focused on what month we might see a draft or a bill or when this process begins. i really think the right focus is on what year and it s got to be this year, 2017. i think all of the elements are in place to do it. the job traders in the country are hungry for this tax reform neil: i m sorry. when you say this year though that it would happen this year and be implemented this year? yes, sir. neil: would it be retroactive? depends on the timing. as much as we can make immediate, the most pro growth revisions that we accelerate,