Publication
Navigating the IPO
Taking your company public is an important milestone, and whilst the landscape for IPOs is complex and dynamic, choosing the right path is essential.
News about the financing bill (Tax reform)
Mondial | Publication | November 2018
Wealth Tax Proposal
On October 31, the government announced the financing law with which it expects to raise about 14 billion pesos. Among the proposed changes is a new wealth tax with the following characteristics:
- The tax would have a duration of 2 years, 2019 and 2020.
- It seeks to tax taxpayers of income tax (natural person) with a net equity exceeding $ 3,000 million. Foreign persons and entities would be taxed by their assets owned in the country.
- The taxable base would be the net equity as of January 1, 2019 and by 2020 it could increase or decrease up to 25 per cent of the inflation of the previous year.
The Government proposes the application of the following differential rate:
| Taxable base range in $ | Rate | |
| Lower limit | Upper limit | |
| >=3.000.000.000 | <5.000.000.000 | 0,5% |
| >=5.000.000.000 | Onward | 1% |
Recent publications
Publication
REMA Summer Update: ‘no’ to zonal pricing, ‘yes’ to reformed national pricing
On 10 July 2025, the UK government published its Review of Electricity Market Arrangements (REMA) Summer Update, which sets out the long-awaited outcome of the REMA programme and next steps towards a decarbonised, affordable, secure and efficient electricity market.
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