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Mexico: Lower tax credits under the fuel subsidy scheme (7-13 September 2024, extended until 11 October 2024)

Description

On 6 September 2024, the Mexican government adopted Agreement 123/2024 decreasing the tax credit available when importing certain gasoline and diesel. The tax credits apply to the Special Tax on Produ...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 Sep 2024

Revocation date

11 Oct 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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