Mexico Publishes Decree Including Short Term Tax Benefits for Business in the State of Guerrero

On 5 December 2014, a decree including short term tax benefits for businesses in the state of Guerrero was published in the Mexican Official Gazette. Some of the key benefits include:

• A 5-month exemption from paying estimated monthly tax payments from November 2014 to March 2015
• VAT and excise tax obligations arising in the 5 month from November 2014 to March 2015 may be remitted in six installments beginning from April 2015
• VAT refunds requested during the 5 month period from November 2014…