Mexico Introduces Incentives for Financing Mexican Companies Including Rate Reduction on IPO Shares and Exemption on Interest from Bonds
On 8 January 2019, Mexico published a Decree in the Official Gazette for the introduction of incentives for investments in residence companies. This includes:
- An exemption from withholding tax on interest derived by non-residents on listed domestic corporate bonds, provided that Mexico has either a tax treaty or tax information exchange agreement with the jurisdiction of the non-resident (exe…