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Tax Reform Bill submitted

|Proposed Changes|Mexico
Mexico

On 10 March 2011, Senators from the Institutional Revolutionary Party submitted a Tax Reform Bill which, if approved, would generally take effect for 2013. The most important features of the Bill are summarized below:

Corporate income tax

-   Reduction of the corporate income tax rate from 30% to 27% in 2013, and to 25% starting in 2015.
-   Eli…

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