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Mexico: Lower tax credits under the fuel subsidy scheme (26 October - 1 November, extended until 8 November 2024)

Description

On 25 October 2024, the Mexican government adopted Agreement 152/2024 decreasing the tax credit available when importing gasoline with less than 91 octanes. The tax credits apply to the Special Tax on...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Oct 2024

Revocation date

08 Nov 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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