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Global Trade Alert

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Mexico: Fiscal incentives to guarantee hydrocarbon investments

Description

On April 18, 2016, the Mexican Government passed a Decree granting new deduction limits to taxpayers engaged in hydrocarbons extraction activities. In the previous legislation (the Hydrocarbon Revenue...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Apr 2016

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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