Page images




Cia. Min. Piedra Bola, S. A...

El Oro Mng. Railway Co., Ltd..
The Mexico Mines of El Oro, Ltd..
Cia. Esperanza, S. A...


.5 de Mayo 9, Mexico, D. F.

Ap. 13, El Oro, Mexico.
Ap. 10, El Oro, Mexico.
Ap. 8, El Oro, Mexico.

Cia. Min. San Miguel Tlaxpampa, S. A.. Ave. Madero 1, Desp. 57, Mexico.
Neg. Minera Alacran y Anexas, S.A.... Palma 45, Desp. 15, Mexico.
Neg. Min. Socavon de San Fernando,

S. A...

Uruguay 115, Mexico, D. F.
Cia. Min. Gpe. Arcos y Anexas, S. A... Zacualpam, Mexico.
Neg. Min. Providence y Anexas, de Za-

cualpam, Mexico..

Cia. Minera San Juan Bautista y Anexas, S. A.....

Cia. Min. Nazareno y Anexas, S. A..

Seminario 8, Mexico, D. F.

Donceles 105, Mexico, D. F.
Temascaltepec, Mexico.


Cia. Minera Dos Estrellas, S. A..
Cia. Minera Concepción de Borda y An-

exas, S. A...

Ap. 7257, Mexico, D. F.

Ap. 7257, Mexico, D. F.

American Smelting & Refining Co.. . . . 5 de Mayo 2, Mexico D. F.

[blocks in formation]

Cia. Min. San Juan Taviche, S. A. . . . . Ap. 3, Ocotlan, Oax.

[blocks in formation]
[blocks in formation]

The Cananea Cons. Copper Co., S. A... Cananea, Son.
Cia. Minera Sacramento, S. A..

. Mina Mexico, Sahuaripa, Son.


Cia. Min. Moctezuma y Anexas, S. A.. Mineral Moctezuma, San Nicolas,

La Fe Mining Co., Ltd...
The Bote Mining Co., Ltd..
La Parroquia y Anexas..
El Conjuro (Adolfo Trawitz)


Amatlan Mining Co., of Zacatecas,
S. A....

Cia. Minera San Manuel y Anexas.
The Mexican Corporation, S. A..
Sillery Hermanos..

Cia. Inversiones del Oro, S. A..

The Sombrerete Mining Company.
Cia. Min. La Trinidad..

Am. Smelters Securities Co..
Cia. Minera de Peñoles, S. A..
P. Alonzo (La Victoria).

Cia. Min. Nazareno y Catasillas, S.
Mazapil Copper Co., Ltd..
The Santa Rosa Mining Co., Ltd..
Cia. Internacional Minera, S. A..
R. R. Foster...

La Constancia y Anex., S. A.
Restauradora y Purisima, S. A.


Guadalupe, Zac.

.Ap. 7, Zacatecas, Zac.
Ap. 18, Zacatecas, Zac.
Chalchihuites, Zac.

Ap. 433, Tampico, Tams. . Ap. 20, Zacatecas, Zac.

5 de Mayo 2, Mexico, D. F. .Fresnillo, Zac.

Ap. 109 Bis., Mexico, D. F.

Ave. 16 de Septiembre 26, Mexico, D.F.
Sombrerete, Zac.

Avalos, Zac., Via Saltillo

Ap. 251, Monterrey, N. L.
Camacho, Zac.

A.. Ap. 17, Saltillo, Coah.

Ap. 64, Saltillo, Coah.

.Ap. 109 Bis., Mexico, D. F.
Ojo Caliente, Zac.
Nieves, Zac.

Hidalgo 35, Matehuala, S. L. P.
. Noria de Angeles, Zac.

[graphic][graphic][subsumed][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][ocr errors][ocr errors][subsumed][subsumed][subsumed][subsumed][ocr errors][ocr errors][ocr errors][subsumed][ocr errors][subsumed][ocr errors][ocr errors][subsumed][subsumed][ocr errors][subsumed][subsumed][ocr errors][ocr errors][subsumed]
[ocr errors][merged small][merged small][merged small][merged small][ocr errors][merged small][ocr errors][merged small]




The Tax Law (Ley de Ingresos) of Mexico is an authorization of those taxes which shall be legal, by virtue of this law, for the procuring of revenue for the ensuing year with which to meet the Government's expenses, for and during that period. Sometimes one or more of the resources specified are not utilized, and thus no revenue is produced from such item in the list of authorized levies. In recent years these Tax Laws have been formulated by the Executive by virtue of special powers delegated to him by Congress.

In 1920 the law was thus made by the Executive. It was accompanied by a prefatory statement that such action was taken because Congress had failed to enact the law providing for the taxes necessary to cover the annual estimate of expenses.

For the year 1921, also, President Obregon, by virtue of the special powers conferred upon the Executive in Treasury matters, stated that the Executive's draft of the budget sent to the House was approved and then sent to the Senate for consideration of its constitutional aspects; but inasmuch as it was not acted upon by that Chamber, and as the amendments suggested by the House also required detailed study and the time was limited, he therefore decreed that the law covering the 1920 budget should be extended to the year 1921 also. Since Congress failed to enact a new law for the year 1922, the law of 1921, with the modifications made in that year, was continued by a circular issued under orders of the President by the Secretary of the Treasury, Adolfo de la Huerta.

The law for 1923 has been duly enacted by Congress and the estimates of the amount to be realized from its operation have just been approved. These accordingly are given with the law.

In order that an understanding may be had of the general features of the Tax System, it has seemed best to give the law for 1923 nearly in its entirety; but some of the clauses are transposed so as to make the matter clearer.

The Federal Tax Law for 1923 in the modified form mentioned above, is as follows, the matter in parentheses being observations or explanatory matter, not belonging to the text of the law:

« PreviousContinue »