OrbitaxBudget for 2013 approved
|Approved Changes|Mexico
On 17 December 2012, the Budget for 2013, approved by the Congress on 13 December 2012, was published in the Official Gazette.
The main tax measures are as follows:
Income tax
| - | The general income tax rate would remain at 30% for 2013 (it was expected to be reduced to 29%). | |
| - | Interest paid to non-resident banks that are residents in a country which has a tax treaty in force with Mexico, would be subject to withholding tax at the rate … |