TITLE

MEXICO'S TAX HAUL RAISES FEARS OF A RATE HIKE

PUB. DATE
October 2009
SOURCE
Casino Journal;Oct2009, Vol. 22 Issue 10, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the expectation of Mexican government in acquiring license and taxes fees worth 176 million U.S. dollars from gambling industry in Mexico in 2009. It mentions that the government has viewed its another expectation from the industry worth 190 million U.S. dollars in 2010. In addition, the government is positive on the collection if the Congress will approve the 20% tax rate. The efforts of President Felipe Calderón for the increase of revenues are also noted.
ACCESSION #
44497746

 

Related Articles

  • Executive Summary.  // Mexico Tourism Report;Q2 2011, Issue 2, p5 

    The article reports on the performance of the tourism industry in Mexico during 2010-2011. International tourist arrivals totaled 22.40 million during 2010, representing growth of 4.4 percent year-on-year (y-o-y). Tourist revenues have increased by 6.8 percent y-o-y to a total of 15.5 billion...

  • Latino America. Munoz, Ricki Chavez // Casino International;Apr2013, p12 

    The article offers news briefs on the gaming industry of South America as of April 1, 2013. It mentions that a total of $7.3 billion is gambled in Panama in the last five years according to the Gaming Control Board. It states that the Interior Ministry of Mexico has suspended the permits granted...

  • Tax Bill To Boost L-T Creditworthiness?  // Latin America Monitor: Mexico Monitor;Aug2007, Vol. 24 Issue 8, p1 

    The article reports that Mexico's long-awaited tax bill has been presented to Congress, which could help improve the country's long-term creditworthiness. According to local sources, Mexican President Felipe Calder�n has introduced his fiscal reform bill to the budget commission. It is said...

  • Finding The Middle Ground.  // Latin America Monitor: Mexico Monitor;Sep2007, Vol. 24 Issue 9, p1 

    The article presents a prediction on the fiscal tax reform package proposed by the administration of President Felipe Calder�n of Mexico. The final version of the bill is expected to be revised in the light of the president's reliance on a tentative alliance with the Partido Revolucionario...

  • Economic Risk: Going Nowhere Soon.  // Latin America Monitor: Mexico Monitor;Mar2007, Vol. 24 Issue 3, p5 

    The article presents information on the tax reform agenda proposed by Mexican President Felipe Calderón in 2007. According to analysts, the agenda will revise the country's inefficient and outdated tax collection system. The objective of the reform package is to expand the ad-valorem tax...

  • Tax Reform is First Crucial Test for Mexico's Calderon. Roeder, Jonathan // World Politics Review (19446284);7/10/2007, p2 

    The article discusses the need for a tax reform in Mexico. Mexican President Felipe Calderon took office promising to create jobs, crack down on drug traffickers, improve infrastructure and reduce rampant inequality. To make his promises reality, it is argued that he needs more money, and...

  • Mexico's tax break trouble. O'Boyle, Michael // Variety;11/27/2006, Vol. 405 Issue 2, p14 

    The article reports that Mexico's corporate tax incentive for film production is in danger of being rescinded by the administration of President-elect Felipe Calderon. Rumors that the government will reinterpret the laws in ways that they weren't intended are scaring investors away from filming...

  • Economic Ratings: Energy Reforms Not Enough.  // Latin America Monitor: Mexico Monitor;Dec2008, Vol. 25 Issue 12, p5 

    The article discusses an economic outlook for Mexico, considering the implementation of energy reforms. The reforms were implemented by the lower house congress despite protests by opposition Partido de la Revolución Democrática (PRD). According to President Felipe Calderón, the energy...

  • Downgrade Will Not Hurt Peso.  // Latin America Monitor: Mexico Monitor;Dec2009, Vol. 26 Issue 12, p1 

    The article offers an outlook for the value of Mexican peso as of December 2009. It cites the possibility for the credit rating of Mexico to decline. The administration of President Felipe Calder�n is believed to encounter difficulty in diversifying tax revenue away from oil in 2010. The...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics