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Mexico VAT credits on temporary imports

  • VAT
  • 22 August 2014 | Richard Asquith

Mexico VAT credits on temporary imports

Mexican VAT payers will now be entitled to import VAT refunds for goods imported temporarily. The relief will be conditional on claims being submitted within a year of the VAT being suffered.

The new regime will be back dated to January 2014 for companies registered under the special tax on production and services, IEPS.

The tax refund will be due no more than 20 days after the application.


VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.