Lim Kwanghyun Requests Tax Support for Korean Firms; Mexican Commissioner Pledges Active Resolution of Tax Issues

First Korea-Mexico National Tax Service Commissioners’ Meeting

Commissioner Kwanghyun Lim of the National Tax Service visited Mexico City and requested special attention and proactive tax administration support for Korean companies operating in Mexico. The Mexican side responded by stating, "If tax-related difficulties arise, we will address them."

The National Tax Service announced on the 23rd that the first Korea-Mexico National Tax Service Commissioner Meeting was held in Mexico City on the 22nd (local time).

On the 22nd, at the 1st Korea-Mexico National Tax Service Directors Meeting held in Mexico City, Kwanghyun Lim, Commissioner of the National Tax Service (left), and Antonio Martinez Dagnino, Commissioner of the Mexican National Tax Service, shook hands and took a commemorative photo. National Tax Service

At the meeting, Commissioner Lim specifically conveyed issues faced by Korean companies, such as delays in value-added tax refunds and cases of double taxation between the two countries. He asked for particular attention and active tax administration support to ensure Korean businesses can make greater contributions to Mexico through stable business operations.

In response, Antonio Martinez Dagnino, Commissioner of the Mexican Tax Service, promised, "If Korean companies encounter tax-related challenges, we will actively communicate with them to resolve any issues," and further stated, "We will also provide tax administration support, including corporate tax filing guidance materials, to assist Korean companies with accurate tax filings."

During this meeting, the tax authorities of both countries agreed to strengthen cooperation by sharing their experiences and policies in digital tax administration and by expanding practical exchanges. Commissioner Lim presented on Korea’s experiences with electronic tax invoices, Hometax, and the digital transformation of tax administration, including tax source management using artificial intelligence (AI) and big data. Commissioner Dagnino expressed keen interest in Korea’s AI-driven initiatives, especially the AI-based tax evasion detection system, and proposed ongoing working-level exchanges so the Mexican authority can benchmark Korea’s digital tax practices.

Prior to the meeting, Commissioner Lim held a discussion session and a tax information session for the Korean business community and overseas compatriots in Mexico to listen to their concerns, which he then relayed to the Mexican tax authority for joint problem solving. Notably, this dialogue session marked the first time that senior officials from the counterpart tax authority attended and directly confirmed the difficulties faced by Korean companies.

Attending companies shared various tax-related challenges experienced in their local operations. In particular, they cited difficulties in fulfilling tax obligations due to differences in tax laws and filing procedures between the two countries and requested further guidance and communication from the Mexican tax authority to address these challenges. A representative from the Mexican tax authority replied, "Because Korean companies play an important role in Mexico’s economy, we will continue efforts to reduce tax uncertainty for Korean businesses and further expand consultations and communication to resolve tax-related difficulties."

This content was produced with the assistance of AI translation services.