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Mexico’s proposed 2023 Economic Package includes minimal changes to tax law

13 September 2022

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Tax Alerts, Information Reporting, Legis...

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Mexico

The 2023 Economic Package does not include any new taxes or tax reforms.The focus in on strengthening the tax base by combatting tax avoidance.It is expected to be effective as of 1 January 2023.On 8 September 2022, Mexico’s Economic Package for fiscal year 2023, which details the projection of income and public spending (the Proposal), was submitted to the Congress.The Proposal does not foresee increasing, changing or creating new taxes. Unlike most years, the Proposal does not include any reforms to the tax laws. Rather, there is a focus on strengthening the tax base by combating tax avoidance.The Proposal includes...