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Morales-Frutis, Janeth

Janeth Morales-Frutis

Senior Economist
Baker & Mckenzie Mexico S.C.

Biography

Janeth Morales is an associate in Baker McKenzie’s Tax Practice Group in Mexico City. She has over 10 years of experience in corporate tax compliance and tax consulting. She is knowledgeable in the preparation and issuance of tax reports, as well as the coordination of all types of formalities with tax authorities and the preparation of documentary evidence for tax audits.

Practice Focus

Ms. Morales advises clients on compliance with tax obligations related to the filing of legal entities' tax returns, payments abroad, capital contribution account (CUCA), net after tax profit account (CUFIN), and tax losses. She prepares and revises several tax calculations: annual and estimated calculations, sale of shares of individuals residing in Mexico and abroad, as well as capital reductions. She is also in charge of the revision and preparation of information required to recover federal taxes through refunds and offsets. Her clients include commercial, industrial and service companies, as well as companies in the maquiladora industry, among others.

Representative Legal Matters

  • Advised Airtran Airways Inc. on the recovery of the VAT unduly paid in Mexico for the purchase of aircraft fuel.
  • Advised ESET LLC on the recovery of the income tax unduly withheld by ESET's clients in the sale of standardized software.

Admissions

  • Mexico (2004)

Education

  • Instituto Politécnico Nacional (Public Accountant) (2001)

Languages

  • English