Global Trade Alert
Global Trade Alert

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

Announcement

19 Jul 2024

In July 2024, the government of Mexico published the tax credit amounts under the fuel subsidy scheme for the period between 20 and 26 July 2024.

Source

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

20 Jul 2024

Revocation date:

29 Nov 2024

End prolongation: 29 Nov 2024
Tax or social insurance relief
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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Implementation date

20 Jul 2024

Revocation date:

29 Nov 2024

End prolongation: 29 Nov 2024
Internal taxation of imports
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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Related State Acts

Announced: 29 Nov 2024

Mexico: Higher tax credits under the fuel subsidy scheme (30 November - 6 December 2024)

Removed: 15 Nov 2024

Mexico: Higher tax credits under the fuel subsidy scheme (9 - 15 November 2024)

End prolongation: 08 Nov 2024

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

Announced: 18 Oct 2024

Mexico: Higher tax credits under the fuel subsidy scheme (19-25 October 2024)

Announced: 11 Oct 2024

Mexico: Higher tax credits under the fuel subsidy scheme (12-18 October 2024)

End prolongation: 11 Oct 2024

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

Announced: 30 Aug 2024

Mexico: Higher tax credits under the fuel subsidy scheme (31 August- 6 September 2024)

Announced: 23 Aug 2024

Mexico: Lower tax credits under the fuel subsidy scheme (24-30 August 2024)

Announced: 16 Aug 2024

Mexico: Lower tax credits under the fuel subsidy scheme (17-23 August 2024)

Announced: 09 Aug 2024

Mexico: Higher tax credits under the fuel subsidy scheme (10-16 August 2024)

Announced: 02 Aug 2024

Mexico: Higher tax credits under the fuel subsidy scheme (3-9 August 2024)

Announced: 26 Jul 2024

Mexico: Higher tax credits under the fuel subsidy scheme (27 July - 2 August 2024)

Announced: 05 Jul 2024

Mexico: Higher tax credits under the fuel subsidy scheme (6-12 July 2024)

End prolongation: 17 Jan 2025

Mexico: Lower tax credits under the fuel subsidy scheme (14-20 October 2023, partially extended)

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