Regulatory Alerts2024-02-13 | DOF 5716665Added
Decree granting tax benefits to specified taxpayers
The decree grants a 100% tax credit to assignees obligated to make provisional monthly payments for shared utility and hydrocarbon extraction rights under the Hydrocarbon Revenue Law for October through December 2023 and January 2024. This credit offsets the same rights payable in monthly installments for the 2023 and 2024 fiscal years. The tax stimuli do not constitute taxable income nor entitle recipients to refunds, and the Tax Administration Service must issue general provisions for implementation. The decree entered into force on the date of its publication in the Official Gazette of the Federation, February 13, 2024.
More like this from SHCP
SHCP published 15 documents in the last 30 days. We email you each new one the day it's published.