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Mexico Removes Companies From Maquiladora Program for Reporting Requirements Violations

The Mexican Secretariat of Economy on Sept. 27 published a notice listing the names and tax numbers of maquiladoras that are being terminated from the Industria Manufacturera, Maquiladora y de Servicios de Exportacion (IMMEX) program for non-compliance with reporting requirements.…

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The list of about 170 companies includes those that failed to submit required annual reports, or submitted reports that did not comply with Mexican regulations.