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Director / Editor: Victor Teboul, Ph.D.
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Mexico Lures Undeclared Cash with Tax Plan, Eyes $10B Intake

Mexico said on Tuesday it will offer holders of undeclared capital abroad tax incentives to bring it home in a bid to lure some $10 billion in investment and steel itself against potential shocks from the incoming Trump administration. Confirming a Reuters report, the government said it will offer an 8 percent repatriation tax on those funds returning to Mexico in six months, provided they go into investments including fixed assets and property for at least two years. The 8 percent...


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