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Mexico offers new tax incentives applicable across all industries and geographies under 'Plan Mexico' strategy

|Tax Alerts, National/Federal Taxation, G ...|Mexico
Mexico

  • A Presidential Decree grants tax incentives in Mexico, including accelerated depreciation for new fixed assets and additional deductions for training and innovation expenses, to promote "Plan Mexico."
  • For the accelerated depreciation, the percentages to be applied range from 35%-91%, depending on the nature of the asset, and the additional deduction amounts to 25% of the increase in training or inn…

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