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Mexico: Higher tax credits under the fuel subsidy scheme (4-10 May 2024)

Description

On 3 May 2024, the Mexican government adopted Agreement 61/2024 increasing the tax credit available when importing certain gasoline. The tax credits apply to the Special Tax on Production and Services...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

04 May 2024

Revocation date

10 May 2024

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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