Businesses warn Mexico’s proposed 2027 tax changes could hurt investment

Business groups say proposed tax changes in Mexico for 2027 would limit how much companies can deduct from their taxes.

They warn that some firms could owe tax out of proportion to their profits and have less money to invest or borrow.

The groups say this could threaten smaller manufacturers, jobs and plans to build or expand factories.

They also warn that higher costs could push some businesses into informal operations.