Monday, 20 March 2017

Mexico issues decrees on capital repatriation and immediate depreciation

Two tax decrees were published in Mexico’s federal official gazette on 18 January 2017 – one offers a tax amnesty relating to deposits or investments repatriated to Mexico by 19 June 2017, while the other provides a two-year tax incentive for the immediate depreciation of a specified percentage of new fixed assets by micro and small companies. Both decrees became effective on 19 January 2017.

Source & more info: Deloitte