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Mexico: Changes in the tax credits under the fuel subsidy scheme (29 June - 5 July 2024)

Description

On 28 June 2024, the Mexican government adopted Agreement 89/2024 decreasing the tax credit available when importing diesel. The tax credits apply to the Special Tax on Production and Services (IEPS i...

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Intervention Details

Intervention Type

Internal taxation of imports

MAST Chapter

F: Price-control measures, including additional taxes and charges

Implementation date

29 Jun 2024

Revocation date

05 Jul 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

sector-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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