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Amendments to Mexico's Tax Incentives for Northern Border Region Published — Orbitax Tax News & Alerts

On 9 April 2019, Mexico published the Ninth Amending Resolution to the Miscellaneous Fiscal Resolution for 2018, which includes amendments in relation to the tax incentives for the northern border region ({News-2019-01-11/A/5-previous coverage}). This includes:

  • Extending the deadline to register for the incentives to 30 June 2019;
  • Clarifying that non-compliant taxpayers that have had their fines canceled may apply for the incentive and taxpayers that previously conducted business with non-compliant taxpayers may apply, as long as such business is no longer conducted; and
  • Providing that the northern border region incentives may be applied simultaneously with certain other incentives, including the 5% additional deduction for donations of food or health items, the 25% additional salary deduction for hiring disabled persons, the VAT credit for taxpayers under the IMMEX/maquiladoras regime, and others.

The amendments entered into force on the date of publication.