CMS Expert Guide to the law and regulation of Covid-19 tax relief

Country-by-country comparison

Information provided by the IBA Taxes Committee members.

Value Added Tax

  • N/A
  • Import of Covid-19 “essential goods” are exempted from VAT

Corporate Income Tax

  • N/A
  • Small business will get relief on provisional income tax payments (i.e. a reduction of amounts due or a delay).

Social Security Contributions or Payroll Tax

  • N/A

Other relief measures

  • N/A
  • An additional subsidy for low income earners will be available

Additional comments

  • Mexican government has a sample package from H1N1 2009 crisis, which can serve as reference for future relief measures.
  • All judicial activities are suspended until April 19th 2020.
Customs Duties
  • Full rebate of the relevant customs duties for Covid-19 “critical supplies”