Intercasa Posted October 22, 2015 Report Share Posted October 22, 2015 Mexican legislators approved reforms of the tax law for 2016. The biggest change is that people will be able to exempt the sale of their primary residence from capital gains every 3 years instead of the current law which is every 5 years. Also people will have a higher amount they can deduct from taxes for their cars of $175,000, up from 130,000 pesos. For soda lovers, the tax on high caloric content beverages will be reduced by 50%. http://www5.diputados.gob.mx/index.php/esl/Comunicacion/Boletines/2015/Octubre/18/0257-Avala-Comision-de-Hacienda-Miscelanea-Fiscal-2016 Link to comment Share on other sites More sharing options...
Yo1 Posted October 22, 2015 Report Share Posted October 22, 2015 I was hoping the tax on high caloric drinks would go up substantially. The one peso(I think) tax now in effect is way too low to deter folks from drinking full sugar Coke. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.