Mexico reintroduces border reduced VAT
- Jul 7, 2018 | Richard Asquith
Mexico is planning to reintroduce a reduced VAT rate in the 19 mile border area next to the US border. The rate for standard supplies will be 8% compared to the regular 16%.
Until 2013, there was a reduced VAT rate of 11% in operation near the border.
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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax
Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara