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Mexico Publishes Decree Including Short Term Tax Benefits for Business in the State of Guerrero

|Approved Changes|Mexico
Mexico

On 5 December 2014, a decree including short term tax benefits for businesses in the state of Guerrero was published in the Mexican Official Gazette. Some of the key benefits include:

  • A 5-month exemption from paying estimated monthly tax payments from November 2014 to March 2015
  • VAT and excise tax obligations arising in the 5 month from November 2014 to March 2015 may be remitted in six installments beginning from April 2015
  • VAT refunds requested during the 5 month period from November 2014…

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