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Mexico: Lower tax credits under the fuel subsidy scheme (9 - 15 December 2023, extended until 12 January 2024)

Description

On 8 December 2023, the Mexican government adopted Agreement 170/2023 decreasing the tax credit available when importing diesel. The tax credits apply to the Special Tax on Production and Services (IE...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

09 Dec 2023

Revocation date

12 Jan 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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