The Latin America Digital Beat(LADB) is the University of New Mexico's premier English language Latin America news service. Established as a unit of the Latin American and Iberian Institute in 1986, LADB has had an Internet presence since 1996. LADB is located on the UNM campus in Albuquerque, New Mexico.
Friday, March 14, 2014
Legal Challenges Filed Against Tax Reforms, Particularly Higher Value-Added Tax in Border Communities
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Article from SourceMex, March 12
A tax revolt of sorts is brewing in communities along the US-Mexico border, with residents in Tijuana filing a legal challenge against a tax reform promoted by President Enrique Peña Nieto and easily ratified by Congress in 2013. Among other things, the measure created a uniform value-added tax (impuesto al valor agregado, IVA) of 16% throughout the country, overriding the preferential rate of 11% applied to sales in border communities. In mid-February, the Consejo Coordinator Empresarial (CCE) presented a petition with more than 58,000 names to a Federal District Court. The petition contained enough valid signatures for District Judge Blanca Evelia Parra to agree to review the case. There are also efforts by Congress to reverse the higher IVA for border communities Several senators have brought the case to the Supreme Court, and a group of members of the Chamber of Deputies are planning a similar action.
Carlos NavarroRead More