Accelerated tax depreciation and additional deduction for training and innovation
Mexico has announced new tax incentives as part of “Plan Mexico,” an economic initiative introduced by the president. The incentives were formalized through an executive decree published in the Diario Oficial de la Federación.
The decree includes two main tax incentives:
Access to these incentives requires meeting specific criteria, including obtaining a favorable opinion from an evaluation committee established for this purpose.
For more information, contact a KPMG tax professional:
Michel Sanchez O’Sullivan | michelosullivan@kpmg.com
Jorge Caballero | jorgecaballero@kpmg.com.mx
Armando Lara | armandolara@kpmg.com.mx
Manuel Rico | rico.manuel@kpmg.com.mx