- New environmental taxes will be implemented in the state of Mexico starting from April 1, 2024.
- The taxes include the Ecological Tax on Waste Disposal, Confinement and Storage (Waste Tax) and the Tax on Pollutant Emissions to Water (Water Tax).
- The Waste Tax applies to generators of non-hazardous urban waste that dispose of it in landfills or other disposal sites within the state, causing adverse effects on the environment or public health.
- The Water Tax must be paid by individuals or entities that deposit or discharge pollutants into water bodies in the state as a result of their activities.
- The tax rates for the Water Tax depend on the quantity of water affected by pollutant substances and the type of pollutants.
- The Air Emissions Tax applies to individuals or entities operating stationary air emission sources in the state that emit pollutant gases into the atmosphere.
- The tax is applicable if the emissions of carbon dioxide, methane, and nitrous oxide equal or surpass one metric ton of carbon dioxide equivalent per month.
Source: insightplus.bakermckenzie.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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