Enron Mail

From:carol.clair@enron.com
To:jaime.williams@enron.com
Subject:Re: Online Issues - Mexico
Cc:
Bcc:
Date:Wed, 21 Jun 2000 12:42:00 -0700 (PDT)

jaime:
I am a having my first call with Mexico counsel tomorrow morning. I will let
you know how it goes.
Carol

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com



Jaime Williams@ENRON
06/21/2000 06:56 PM

To: Jeff Blumenthal/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT
cc: Mario Parra Cardoso/Corp/Enron@Enron, Sara Shackleton/HOU/ECT@ECT,
Stephen H Douglas/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT
Subject: Re: Online Issues - Mexico

Jeff and Carol, as you know we are doing everything possible to launch this
service on August 1st, so please let me know how can I help you, and I'll be
there...Thanks and regards.


From: Mark Taylor@ECT on 06/20/2000 07:45 PM
To: Jeff Blumenthal/HOU/ECT@ECT
cc: Carol St Clair/HOU/ECT@ECT, Jaime Williams/NA/Enron@ENRON, Mario Parra
Cardoso/Corp/Enron@Enron, Sara Shackleton/HOU/ECT@ECT, Stephen H
Douglas/HOU/ECT@ECT

Subject: Re: Online Issues - Mexico

Jeff & Carol:

As you work through these issues, please remember that even though the Mexico
commercial group may not plan to offer many of their own products and may not
expect many other products to appeal to their customers, the EnronOnline
people will expect all products listed online to be available unless we can
articulate a compelling reason to restrict them.

Mark



Jeff Blumenthal
06/20/2000 11:53 AM

To: Carol St Clair/HOU/ECT@ECT
cc: Mark Taylor/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Stephen H
Douglas/HOU/ECT@ECT, Jaime Williams/NA/Enron@ENRON, Mario Parra
Cardoso/Corp/Enron@Enron
Subject: Re: Online Issues - Mexico

Carol,

I've been working with Jaime Williams and our outside tax advisors to
determine the Mexican tax consequences applicable to those products that
Jaime has informed me will be offered to Mexican counterparties through
EnronOnLine and, potentially, a separate ENA Mexican entity. I should be
able to provide the results by Friday or Monday. Please contact me at ext.
35777 if you'd like to discuss in the meantime.

Best regards,

Jeff


Carol St Clair 06/20/2000 11:15 AM

To: Jeff Blumenthal/HOU/ECT@ECT
cc: Mark Taylor/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT
Subject: Online Issues - Mexico

Jeff:
As I think you are aware, the Meixco and online group want to implement
online trading for Mexican counterparties. Are there any tax issues taht we
should be aware of? If we conduct online trades using ENA and telephone
trades with an Enron Mexican entity, will the exercise of setoff rights
create any tax issues? My understanding is that the Enron counterparty will
be ENA.
Carol