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Map of the world showing national-level sales tax / VAT rates as of October 2019. A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.
A value-added tax (VAT or goods and services tax (GST), general consumption tax (GCT)) is a consumption tax that is levied on the value added at each stage of a product's production and distribution. VAT is similar to, and is often compared with, a sales tax .
On 15 December 1995, the Law of the Tax Administration Service (Ley del Servicio de Administración Tributaria) was published in the Official Journal of the Federation, through which the new bureau was established, endowing it with the highest fiscal authority.
The Federal Taxpayer Registry (Spanish: Registro Federal de Contribuyentes, RFC), also known as RFC number, is a tax identification number required by any physical or natural person or moral or juridical person (legal entity) in Mexico to carry out any lawful economic activity for which they are obliged to pay taxes, with some exceptions.
Out of all the exporting enterprises in Mexico only 64,000 are PyMEs. They are located mostly in the center part of the country, northeast and center-west. There are many ways PyMEs can be supported in Mexico: Fiscal support to Mexican exporters, VAT return or VAT compensation, Programs of foment for the manufacturing industry, Export services ...
Mexican officials are planning to implement a $42 immigration levy for every passenger on cruise ships that dock in Mexico. Industry experts share why they are against the tourist tax.
Mexican President Andres Manuel Lopez Obrador told a morning press conference on Wednesday that he would send a diplomatic note to the United States over what he called interference regarding U.S ...
Abbreviations for the states of Mexico Name of federative entity Conventional abbreviation 2-letter code* 3-letter code (ISO 3166-2:MX) Aguascalientes: Ags. MX - AG MX-AGU Baja California: B.C. MX - BN MX-BCN Baja California Sur: B.C.S. MX - BS MX-BCS Campeche: Camp. MX - CP MX-CAM Chiapas: Chis. MX - CS MX-CHP Chihuahua: Chih. MX - CI MX-CHH ...
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