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Mexico: Lower tax credits under the fuel subsidy scheme (13-19 July 2024)

Description

On 12 July 2024, the Mexican government adopted Agreement 95/2024 decreasing the tax credit available when importing gasoline and diesel. The tax credits apply to the Special Tax on Production and Ser...

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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

13 Jul 2024

Revocation date

19 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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