- Suspension of universal compensation of taxes
- Anti-laundering notices for outsourcing
- Tax incentives for the northern border region
- validity: January 2019 to December 2022
- reduction of VAT in the north border region from 16% to 8%
- reduction of corporate income tax from 30% to 20%
- Tax incentives for income tax and VAT will not be considered as taxable income for the purposes of income tax.
- areas benefitting and the municipalities of the states of:
- Baja California: Ensenada, Playas de Rosarito, Tijuana, Tecate and Mexicali
- Sonora: San Luis Río Colorado, Puerto Peñasco, General Plutarco Elías Calles, Caborca, Altar, Sáric, Nogales, Santa Cruz, Cananea, Naco and Agua Prieta
- Chihuahua: Janos, Ascensión, Juárez, Praxedis G. Guerrero, Guadalupe, Coyame del Sotol, Ojinaga and Manuel Benavides
- Coahuila de Zaragoza: Ocampo, Acuña, Zaragoza, Jiménez, Piedras Negras, Nava, Guerrero and Hidalgo
- Nuevo León: Anáhuac
- Tamaulipas: Guerrero, Mier, Miguel Alemán, Camargo, Gustavo Diaz Ordaz, Nuevo Laredo, Reynosa, Rio Bravo, Valle Hermoso and Matamoros
- Subjects
- legal entities that pay into the general regime
- legal entities with the option of accumulation based on effective collection
- individuals who pay into the general regime of individuals with business and professional activities
The third amendment provides exciting opportunity to keep current investments and to bring new investment into this area of the country. We foresee that the current business landscape in the north will make it an attractive and competitive region for national and international industries, given these incentives.
At ECOVIS Quibrera Saldaña, Mexico, we provide consulting services in the establishment, taxation and auditing of national and foreign businesses.
Author:
Ricardo Quibrera Saldaña, Partner/Chartered Accountant, ECOVIS Quibrera Saldaña, Santa Fe, Mexico
ricardo.quibrera@ecovis.mx
Ecovis is a leading global consulting firm with its origins in Continental Europe. It has over 6,500 people operating in over 70 countries. Its consulting focus and core competencies lie in the areas of tax consultation, accounting, auditing and legal advice.
The particular strength of Ecovis is the combination of personal advice at a local level with the general expertise of an international and interdisciplinary network of professionals. Every Ecovis office can rely on qualified specialists in the back offices as well as on the specific industrial or national know-how of all the Ecovis experts worldwide. This diversified expertise provides clients with effective support, especially in the fields of international transactions and investments – from preparation in the client’s home country to support in the target country.
In its consulting work Ecovis concentrates mainly on mid-sized firms. Both nationally and internationally, its one-stop-shop concept ensures all-round support in legal, fiscal, managerial and administrative issues.
The name Ecovis, a combination of the terms economy and vision, expresses both its international character and its focus on the future and growth.
ECOVIS AG Steuerberatungsgesellschaft
Ernst-Reuter-Platz 10
10587 Berlin
Telefon: +49 89 5898-266
Telefax: +49 (30) 310008556
http://www.ecovis.com
ECOVIS AG Steuerberatungsgesellschaft*
Telefon: +49 (89) 5898-266
E-Mail: gudrun.bergdolt@ecovis.com
