It Gives Shcp Subsidy, but only to Diesel
10 Articles
10 Articles
In order to contain inflation, government to give this tax mulo only to the price of diesel and leave without subsidy to gasolines Magna and Premium.
The federal government decided to apply a fiscal stimulus through the Tax on Products and Services (IEPS) only to diesel, leaving no subsidy to Magna and Premium gasoline. The stimulus that will be applied to this fuel from the week 14 to 20 March is 35.21 percent, indicates an agreement issued by the Ministry of Finance and published in the evening edition of the Official Journal of the Federation this Friday. This percentage equals a subsidy o…
Following the recent surge in oil and petroleum product prices due to the conflict in the Middle East, the Ministry of Finance and Public Credit (SHCP) announced a tax incentive for fuel to mitigate the impact on consumers. Through the Official Gazette of the Federation (DOF), the SHCP announced that the reduction in the Special Tax on Production and Services (IEPS) will apply to diesel and will be valid only during the week of March 14-20. The …
In view of the rise in international prices of crude oil resulting from the war between the United States and Iran, the Ministry of Finance and Public Credit (SHCP) decided to reactivate the fiscal stimulus to the Special Tax on Production and Services (IEPS) for diesel. This measure, published in the Official Journal of the Federation, breaks with a period of one year without support for this fuel and seeks to curb an uncontrolled impact on tra…
The Government of Mexico activated a subsidy to control the rise of diesel due to the war in the Middle East.The Ministry of Finance and Public Credit activated the fiscal stimulus, as the subsidy is officially known, of 35% or MXN$2.5 per litre of diesel, so it leaves the tax at MXN$4.7 per litre, according to a decree published this Friday in the Official Journal of the Federation (DOF).The current tax fee that is charged per litre of diesel i…
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