Extension of IETU Benefits for IMMEX (Maquiladora) Companies Should Continue to Attract Investment in Mexico
The Mexican Government Extends the Flat Tax Incentive for Maquiladoras until December 31, 2013The Mexican government has extended the Flat Tax incentive for Maquila operation. In an effort to mitigate the adverse impact caused by the introduction of the Flat Tax (IETU) on the Maquiladora Industry, a presidential decree, issued November 5, 2007, granted various tax benefits to Maquiladoras. The incentive was previously available through December 31, 2011. However the incentive will now be available until December 31, 2013. Mexican President