Mexico will slash income and corporate taxes to 20 percent from 30 percent for 43 municipalities in six states just south of the U. S. border.
MEXICO CITY — President Andres Manuel Lopez Obrador launched an ambitious plan Saturday to stimulate economic activity on the Mexican side of the U. S.-Mexico border, reinforcing his country’s commitment to manufacturing and trade despite recent U. S. threats to close the border entirely.
Mexico will slash income and corporate taxes to 20 percent from 30 percent for 43 municipalities in six states just south of the U.
