Business · Economy · 1 hr ago

Mexico lawmakers consider narrowing transport companies’ toll tax benefit

Mexico lawmakers consider narrowing transport companies’ toll tax benefit

Mexico’s Chamber of Deputies is discussing a change to the 2027 Income Law that would restrict which transport companies can claim a tax benefit on toll costs.

The benefit lets eligible companies credit up to half of their toll spending against income tax.

The proposal would lower the annual revenue limit for eligibility from 300 million to 250 million pesos, while keeping the credit rate unchanged.

That could remove the benefit from companies that qualify now and increase their tax costs.

Transport companies are already facing higher fuel and toll charges, as well as higher insurance costs linked to road insecurity and theft.

Freight transport can account for 10% to 25% of the sale price of a product in Mexico, so industry representatives warn that added costs could reach consumers and add to inflation pressure.

Lawmakers still have to decide whether to restrict the benefit or keep it.

What people are saying

The decision that deputies adopt could have consequences beyond tax revenue: it would affect the cost structure of transport companies and their ability to absorb new increases without passing them on to their clients
The reportTransport-sector reportvia El Universal

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