Throughout the 20th century Mexico made steady progress in its efforts to establish and develop a robust fiscal regime. In 1925 Mario Pani, then-minister of finance, introduced a preliminary series of reforms to the system, and subsequently implemented a second set in 1932. The next major change came in the 1970s and 1980s, when a new tax...
Water is a key resource in Mexico, which makes its legal management something of a national security interest. Article 27 of the constitution establishes the country’s water ownership regime and sets out a number of legal aspects.
THE ST REGIS MEXICO CITY T: +52 55 5228 1818 mexico.city@stregis.com www.stregismexicocity.com Rooms: 189 rooms, including deluxe and grand deluxe; 37 suites ranging from 60 to 153 sq metres. Business & Conference Facilities: 12 function rooms covering a total of 1672 sq metres, including the 775-sq-metre grand Astor ballroom and the 180-sq-...
TRANSPORT: There are 85 airports in Mexico, 59 of them international. Due to the vast distances there are to travel within a country that spans nearly 2m sq km, flying is one of the most common modes of transport. Numerous low-cost airlines, such as Interjet, Volaris and VivaAerobús, operate on key routes...
Recent decades have seen a downward trend in corporate taxation, with headline corporate tax rates falling by 20 percentage points since the early 1980s. The average for advanced economies dipped to 22% in 2015, and investment incentives have further reduced effective rates for transnational corporations. After the 2007-08 global financial...
In 2017 Mexico’s GDP grew by 1.5%. GDP growth of 2.3% is expected in 2018. The latter compares positively against the projected average of Latin America economies, although it is lower than what was expected from the implementation of the structural reforms described below.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×