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Mexico Introduces Tax Incentive for Asset Investments in the States of Chiapas, Guerrero and Oaxaca

|Approved Changes|Mexico
Mexico

On 1 January 2015, the decree granting a tax incentive for investment in fixed assets in the states of Chiapas, Guerrero or Oaxaca was published in the Official Gazette. The incentive is an additional deduction equal to 25% of investments made in new fixed assets permanently used in those three states exclusively for agricultural, cattle, fishing, forestry or agribusiness activities. For the pu…

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