Regulatory Alerts2023-10-11 | DOF 5704676Added
Decree Granting Tax Incentives to Key Sectors of the Export Industry Consisting of Immediate Deduction of Investment in New Fixed Assets and Additional Deduction of Training Expenses
This decree grants tax incentives to legal entities and individuals in key export sectors, such as semiconductors, automotive, and medical devices, who export at least 50 percent of their billing. Beneficiaries may opt for immediate deduction of investments in new fixed assets acquired between the decree's entry into force and December 31, 2024, according to specific percentages based on asset type and activity. Additionally, during fiscal years 2023 through 2025, eligible taxpayers may apply an additional 25 percent deduction on incremental training expenses compared to the average spent in 2020 through 2022.
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