2005 Mexican Tax Report - English


Since the 2001 slowdown, the world economy has seen a recovery characterized by continual accelerations and decelerations. These fluctuations were aided by lax United States monetary and fiscal policies that do not satisfy economic analysts and specialists, who hoped that the recovery would be smoother and more sustained, without interruptions by geopolitical events or abrupt movements in oil prices and financial markets.

In 2004, the global economy experienced the greatest growth in recent decades, with the United States driving world demand, aided by China and Japan who in addition to contributing to the emerging Asian economies, are passing through one of the most brilliant periods in their histories.

The war in Iraq, unrest in various producing countries, hurricanes, problems in refining capacity, insufficient reserves, lack of investment and the unforeseen demand for oil in China were fundamental factors causing crude oil prices in New York to reach record levels of $ 55.67 at the end of October, with an increase of 60% during the year.

Read more.


The publications contained in this site do not constitute legal advice. Legal advice can only be given with knowledge of the client's specific facts. By putting these publications on our website we do not intend to create a lawyer-client relationship with the user. Materials may not reflect the most current legal developments, verdicts or settlements. This information should in no way be taken as an indication of future results.

Search Tips:

You may use the wildcard symbol (*) as a root expander.  A search for "anti*" will find not only "anti", but also "anti-trust", "antique", etc.

Entering two terms together in a search field will behave as though an "OR" is being used.  For example, entering "Antique Motorcars" as a Client Name search will find results with either word in the Client Name.


AND and OR may be used in a search.  Note: they must be capitalized, e.g., "Project AND Finance." 

The + and - sign operators may be used.  The + sign indicates that the term immediately following is required, while the - sign indicates to omit results that contain that term. E.g., "+real -estate" says results must have "real" but not "estate".

To perform an exact phrase search, surround your search phrase with quotation marks.  For example, "Project Finance".

Searches are not case sensitive.

back to top