Economy & Business - June 2023
ECONOMIC HIGHLIGHTS
MEXICO | Tax breaks for firms investing in southeast. On 6 June, Mexico’s finance ministry (SHCP) announced a series of tax benefits for companies that invest in the Tehuantepec Isthmus in the southeast of Mexico. The benefits include total exemption from income tax (ISR) during the first three years of operation in the region, and exemption from value-added tax (VAT) for operations carried out in the corridor.
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