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Mexico: Higher tax credits under the fuel subsidy scheme (15-21 February 2025)

Description

On 14 February 2025, the Mexican government adopted Agreement 21/2025 increasing the tax credit available when importing certain gasoline and diesel. The tax credits apply to the Special Tax on Produc...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Feb 2025

Revocation date

21 Feb 2025

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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