Tax incentives in the Northern Border Region

The insecurity and widespread violence that have characterized the northern border of Mexico (the “Border”),[1]have become one of the most urgent and important matters to be addressed by the Mexican government, as such problems have unleashed an economic slowdown along the 180 kilometers of the Border shared with the United States of America.

Read more

Tax incentive in the northern border region

In order to establish mechanisms that strengthen the economy of taxpayers in the northern border of the Country, to stimulate and increase investment, as well as to promote productivity and contribute with the creation of employment sources, on Monday December 31st 2018 and on Monday, January 7th 2019, the decree on tax incentives in the northern border region (the “Executive Order”) and the anticipated revenue rules for applying the Executive Order (the “Rules”) were published. The Executive Order and the Rules establish benefits pertaining to income (Impuesto Sobre la Renta “ISR”) and to value added taxes (Impuesto Sobre el Valor Agregado “IVA”):

Read more