Mexico Proposes Zero Rate to Bookstores, with Profit of up to 14.8 Million Dollars
16 Articles
16 Articles
Claudia Curiel proposes zero VAT rate for bookstores and a comprehensive plan to strengthen reading, libraries and publishing in Mexico.
Mexico City, Sep 9 (EFE).- The Ministry of Culture of Mexico announced on Wednesday a proposal of zero rate for small and medium Mexican bookstores, incorporated into the 2027 Economic Package, which would represent an estimated fiscal profit of between 200 and 250 million pesos annually (about 11.8 and 14.8 million dollars) for the [...] The entry Mexico proposes zero rate to bookstores, with profit of up to 14.8 million dollars was first publi…
The government applies zero VAT rate to books. The measure supports publishers and bookstores without raising the final cost to readers in [...] La entrada Mexico Applies Zero VAT Rate to Drive the Book was first published in RegenerationMX.
Signifan $209 mdp staying in bookstores and publishers Buying books would be exempt from paying VAT of 16 percent to be zero rate, meaning 200 million pesos a year that would stay in publishers and bookstores, explained the President of Mexico, Claudia Sheinbaum.Recalling that regarding the sale of books, the ...
The Secretary of Culture, Claudia Curiel de Icaza, reported that the administration of the Latin American country is preparing to strengthen this sector, implementing measures aimed at small and medium-sized bookstores and publishers. The plan also contemplates a massive purchase of books for 50 million pesos (about 2,960 million dollars), The post Government of Mexico proposes tax benefits for small and medium-sized libraries first appeared on …
The Secretariat of Culture considered the proposal to be part of a sustainable policy. The Economic Package 2027 charge foresees zero rate to bookstores appeared first in Eleven News.
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