Without Tax Incentives in April
Last weekend President Andrés Manuel López Obrador presented an economic action plan, which could be summarized as more personal credits and more social support. With these “fiscal stimuli“, the aim is to create a 30 billion pesos package of credits for Smes and a fund of more than 35 billion pesos to invest in energy infrastructure.
For its part, the Business Coordinating Council (CCE) presented a proposal to try to minimize the economic consequences. This plan was broken down on a monthly basis from April to June, unfortunately, these were not accepted, but they were waiting to be studied and with the promise of being implemented in the near future, because the plan in action is not to stop collecting taxes, but it is a reality that companies will stop paying as a result of the health and economic crisis that we are currently experiencing.
It was agreed that, after Holy Week, the representatives of the CEC would meet again with President López Obrador to evaluate the implementation of the proposals for the month of May and put them into action to achieve real fiscal stimuli.
With the proposals presented, it was assumed to maintain jobs and care for Mexican families.
In the coming weeks we will see the evolution of a possible package of real fiscal stimuli, meanwhile in Bandala | Díaz | García we continue working for you, offering our accounting, administrative and legal services, so that you have at your disposal the necessary tools to face the pandemic in the best way. Stay informed through our multiple social media platforms (Facebook, Twitter, Linkedin, Instagram), our website bdg.com.mx or through our email firstname.lastname@example.org