Dear Clients and Friends:
On January 21, 2025, the “Decree granting tax incentives to support the national strategy called ‘Plan Mexico’ to promote new investments that encourage dual training programs and boost innovation” was published in the Official Gazette of the Federation (“DOF”), which became effective on January 22, 2025 (“Decree”).
The Decree eliminates the decree published in the DOF on October 11, 2023, which granted income tax incentives for key sectors of the export industry, as well as its subsequent amendment published in the DOF on December 24, 2024.
Unlike the decree published on October 11, 2023, which restricted the income tax incentives only to certain key sectors of the export industry, this decree grants such tax incentives without distinction of industrial sectors or domestic or foreign companies, and regardless of whether or not exportations exist, also considering the participation of micro, small and medium-sized companies (MIPYMES).
The Decree provides that the tax incentives are applicable until September 30, 2030, provided that the Evaluation Committee issues the corresponding certificate of compliance.
These tax incentives consist essentially of the following:
The immediate deduction of investments in new fixed assets.
In accordance with the Decree, the percentages allowed for immediate deductions for income tax purposes vary depending on the types of assets or the activity in which they are used, as well as the tax year in which they are applied.
The additional deduction for employee training expenses.
This consists of an additional deduction for income tax purposes equivalent to 25% of the increase in expenses for training received by each of the taxpayer’s employees in the year in question, which is subject to the requirement of having a collaboration agreement entered into with the Ministry of Public Education in the area of dual education.
The additional deduction of innovation expenses.
This tax incentive consists of an additional deduction for income tax purposes equivalent to 25% of the increase in expenses incurred for innovation. Such expenses must be related to investment projects that promote the obtention of patents or initial certifications that enable taxpayers to integrate into local/regional supply chains.
At EC Rubio we provide support to our clients to have knowledge of all the details and requirements necessary for the application of these tax incentives. If you have any questions regarding the above, please reach out to your usual contact at the Firm.
Tax and Trade
Arturo J. Bañuelos / arturo.banuelos@ecrubio.com
Natalia Aguilar / natalia.aguilar@ecrubio.com
Alejandro Montes / alejandro.montes@ecrubio.com
Carlos Enríquez / carlos.enriquez@ecrubio.com
David Fujii / david.fujii@ecrubio.com
Eduardo David / eduardo.david@ecrubio.com
Edmundo Hernández / edmundo.hernandez@ecrubio.com
Felipe Mendoza / felipe.mendoza@ecrubio.com
Fernando Holguín / fernando.holguin@ecrubio.com
Jaime Ogushi / jaime.ogushi@ecrubio.com
Juan Carlos Partida / juan.partida@ecrubio.com
Salvador Garza / salvador.garza@ecrubio.com
Franco Herrera / franco.herrera@ecrubio.com
Gloria Domínguez / gloria.dominguez@ecrubio.com
Alexa Araiza / alexa.araiza@ecrubio.com
Carlos Canseco / carlos.canseco@ecrubio.com
Claudio Vázquez / claudio.vazquez@ecrubio.com
Luis Delgado / luis.delgado@ecrubio.com
Miguel Torres / miguel.torres@ecrubio.com
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