IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 12 Oct 2011 | Removal date: open ended
Still in force

Tax-based export incentive

On 12 October 2011, Mexico's president signed Decree DOF 12/10/2011 extending the flat tax (Impuesto Empresarial a Tasa Única) IETU of 17.5 per cent, which is applied on maquiladoras' income tax for another two years; until end of 2013. Thus, maquiladoras benefit from a significant tax credit to their income tax burden.
 
Maquiladoras are export-oriented companies benefiting from the Decree for the Promotion of the Manufacturing, Maquila and Export Service Industry (IMMEX Decree). 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

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