Amendments to the tax provisions for the 2023 Fiscal Year

Amendments to the tax provisions for the 2023 Fiscal Year

On September 8, the Ministry of Finance and Public Credit submitted the economic package for the 2023 fiscal year to the Chamber of Deputies. The package is comprised of the Draft Federal Expenditure Budget for the 2023 Fiscal Year, and its draft decree, as well as the Bills for the Federal Revenue Law for the 2023 Fiscal Year, and the Draft Decree amending, adding to and repealing various provisions of the L

From the Economic Package, no reform bills to the Federal Tax Code, the Value Added Tax Law, the Income Tax Law, the Special Tax on Production and Services Law, or the Federal Law on the Tax on New Automobiles are apparent. Therefore, we will remain attentive to the legislative process to which the Economic Package will be submitted, as well as to any change or amendment that is made, and we will inform you accordingly. For additional information, please contact our experts: Fernando Moreno, Partner: +52 (55) 5258-1008 | fmoreno@vwys.com.mx Diego Benítez, Associate: +52 (55) 5258-1008 | dbenitez@vwys.com.mx Alfonso Leñero, Associate: +52 (55) 5258-1008 | alenero@vwys.com.mx