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Mexico: Lower tax credits under the fuel subsidy scheme (20 - 26 July 2024, extended for diesel until November 2024)

Description

On 19 July 2024, the Mexican government adopted Agreement 99/2024 decreasing the tax credit available when importing certain gasoline and diesel. The tax credits apply to the Special Tax on Production...

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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

20 Jul 2024

Revocation date

29 Nov 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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