- The Mexican Supreme Court is set to rule on a VAT dispute involving maquiladoras and tax authorities.
- The issue is termed as a double collection of VAT.
- Tax authorities claim maquiladoras are avoiding VAT payments.
- Maquiladoras argue they are being charged VAT twice on imports and purchases.
- A ruling in favor of tax authorities could harm the maquila industry’s finances.
- The court has delayed the decision for further economic impact analysis.
Source: taxand.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.
