Mexico New Free Trade Zone to be created in Mexico-US border – The VAT rate would decrease to 8% in the Border FTZ, compared to 16% in the rest of the country 15 December 201854 views1 min read Source: PwC Mexican congress approves budget for 2019 – from 1 January 2019, taxpayers may only offset taxes of the same type Congress puts border region tax cuts on hold: conditions not right