In terms of IEPS and ISR, Mexico grants the following tax and non-tax incentives to investments, according to information from the WTO. First and foremost, incentives with respect to the IEPS: Tax incentive to importers or alienators of turbosine consisting of an amount equivalent to 100% of the
Mexico grants the following tax and non-tax incentives to investments, according to information from the World Trade Organization (WTO). With respect to Value Added Tax (VAT): Exemption in the payment of VAT on the sale of goods made between residents abroad, provided that the goods have been exported
Tesla is analyzing the possibility of investing in a new plant located near the Felipe Ángeles International Airport (AIFA), Jesús Ramírez, spokesman for the Mexican Presidency, told Reuters. Mexico has 78 airports, 65 of which serve international passengers; AIFA was inaugurated in 2022. Mexico’s airports are currently operated
Mexico‘s Federal Budget and Fiscal Responsibility Law states that 20% of transfers from the Mexican Petroleum Fund are earmarked for research on hydrocarbons and energy sustainability. As part of the Mexican government’s actions towards the energy transition, three Mexican Centers for Innovation in Geothermal, Solar and Wind Energy
Imports of capital goods to Mexico rose at a year-on-year rate of 18.9% in 2022, to US$48.203 billion, Inegi reported. In Mexico, gross capital formation had a cumulative drop of 5.1% in the period between 2017 and 2019, followed by a significant contraction, to the tune of 17.8%
Constellations Brands, an international producer and marketer of beer, wine and spirits highlighted its following commitments. The company has operations in the United States, Mexico, New Zealand and Italy, with brands such as Corona Extra, Modelo Especial and the Robert Mondavi, Kim Crawford and Meiomi family of brands.