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Global Trade Alert

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Mexico: New tax credits under the fuel subsidy scheme (20 to 26 May 2023)

Description

On 19 May 2023, the Mexican government adopted Agreement No. 65/2023 increasing the tax credit available when importing certain gasoline and non-fossil fuels. The tax credits are applicable to the Spe...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 May 2023

Revocation date

26 May 2023

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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