BajaNomad

List of new tax "Reform" laws in mex

KaceyJ - 12-3-2013 at 02:34 PM

Came accross this article referenced for the tax increase in mining net profits to 7 !/2 % in Mexico.

I see boleo is down to .004

http://www.mondaq.com/x/274706/sales+taxes+VAT+GST/Mexicos+C...

Used to be a time when tax reform meant tax reduction, I guess the rich in mex don't have enough yet. No wonder their people are not allowed to have arms:lol:

MitchMan - 12-4-2013 at 07:55 AM

I hope this means that they are eliminating the IETU tax.

Not entirely sure, but it looks to me like Pres Nieto is a rich man's tax buddy, the congress a bit less so, but both are looking aggressively to get more new tax revenue from the bottom and middle class than from the upper income people. No surprise there.

bajalinda - 12-4-2013 at 08:40 AM

Here's another thread that was started on this topic

http://forums.bajanomad.com/viewthread.php?tid=70754#pid8648...

According to this article/newsletter, yes, the IETU is going to be eliminated.