ECONOMIC DRIVERS New economic initiatives presented in April 2004 to industry executives offer an income tax structure and incentive package to semiconductor and other high-tech manufacturing operations that makes Mexico extremely competitive with Asian countries currently offering business incentives.
- Application of safe harbor provisions
- Advanced asset deduction for investment in production facilities and equipment
- Tax-free periods for companies with wafer fab costs of up to $2 billion
- Product and manufacturing protection under NAFTA
Detailed white papers can be found by going to our Investor/Client area of this website.
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