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Mexico: New tax credits under the fuel subsidy scheme (10 to 16 June 2023, partially extended until 14 July 2023)

Description

On 9 June 2023, the Mexican government adopted Agreement No. 76/2023 decreasing the tax credit available when importing certain gasoline, diesel and non-fossil fuels. The tax credits are applicable to...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

10 Jun 2023

Revocation date

14 Jul 2023

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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