The Mexican Congress recently approved new fiscal laws and regulations affecting companies established in the border zones.
Some of the highlights include:
- Doubling the minimum wage from approximately $4.60 to $9.20
- Reducing Income Tax from 30 to 20% (Maquiladoras excluded)
- Reducing the Value Added Tax from 16 to 8%
Learn how to apply for these benefits and find out what other measures exist to take advantage of the new laws, which are now in effect. The presenters will be: Simon Somohano, Transfer Pricing Leader Partner, Mexico & Latin America, Deloitte; Hector Vega, Tax Partner, Deloitte; Manuel Muniz, Global Trade, Advisory Partner, Deloitte and Luis Barba, Legal -Tax Manager, Deloitte.