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Mexico: New tax credits under the fuel subsidy scheme (8 to 14 January 2022)

Description

On 7 January 2022, the Mexican government adopted Agreement No. 1/2022 increasing the tax credit available when importing certain gasoline, diesel and non-fossil fuels. The tax credits are applicable ...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

08 Jan 2022

Revocation date

14 Jan 2022

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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