Mexico

Companies and individuals doing business in Mexico are subject to federal, state and local taxes. Federal taxes in Mexico include direct taxes (corporate and personal income) and indirect taxes, which comprises value-added tax (VAT), excise taxes and Customs duties. Property tax, real estate transfer tax and payroll taxes are the most...

The main pillars of the Mexican tax system are federal corporate and personal income tax, value-added tax, excise tax and foreign trade tax, as well as social security contributions. Since 1980 Mexico has transitioned to a system of tax coordination where it was agreed that the federal government would retain the right to collect the most...

Since 2013 the government of President Enrique Peña Nieto has been pushing for a major overhaul of the Mexican public education system. While opposition from powerful teachers’ unions has slowed progress on an education reform bill, a 2013 constitutional change has deepened the government’s commitment to improving the quality of Mexican...

Mexico is the world’s 11th largest pharmaceutical market and one of its most dynamic. Its performance in recent years depends on the metrics it is viewed from. In 2016 the market was worth $13.9bn, down from $17.2bn in 2014, according to data from IMSS health. However, with most pharmaceuticals priced in dollars the devaluation of the Mexican...

With much of President Enrique Peña Nieto’s reform agenda taken up by sweeping changes to the energy, telecoms and education sectors, the Mexican health sector has rarely made front page news. But while structural reform was put on the political backburner, impressive strides have been made to tackle the rise of non-communicable diseases (NCDs...