7. Tax Miscellaneous 2022
Starting in January, some of the tax changes will be the limits on deductions for donations, changes in the CFDI for freight transport and modifications in the amounts for the issuance of financial statements of taxpayers and obligations of banks on reports of deposits in cash.
8. Third infrastructure package
Expected from the end of 2020, the third infrastructure package appears to be close to being announced, along with the progress review of the first two. It is astonishing how slowly it is working to unleash a valuable tool that would accelerate the economic recovery.
9. Green taxes
Nuevo León has approved a “green tax” on factories and quarries that will impact inputs of dust, sand, gravel, etc. Querétaro announced that, as of 2023, it will apply taxes for the emission of gases into the atmosphere, for the deposit or storage of waste and for environmental remediation by extraction of materials. Other states could follow these green tax examples.
10. Import tariffs on steel
As of June 30, 2022, the Ministry of Economy will establish a 15% tariff on imports of 112 tariff items from the steel sector. It will affect products such as profiles, rolled steels, bars, doors, windows, tubes, towers and bars.
11. Elections 2022
On June 5, 2022, Aguascalientes, Durango, Hidalgo, Oaxaca, Quintana Roo and Tamaulipas will hold elections. The Coalition Goes for Mexico (PAN, PRI and PRD) will compete in Aguascalientes, Durango, Hidalgo and Tamaulipas. Candidates for Morena and her allies are favorites in 4-5 states, but it will be important to see if the nomination of candidates is divisive.
12. Revocation of mandate
The uncertainty about the revocation of the mandate will continue to be a subject of friction between the INE, the president, political parties and new actors such as the Supreme Court of Justice and the Chamber of Deputies. The year will begin with the reviews of the challenges that the INE and the Chamber of Deputies presented before the Supreme Court of Justice. But AMLO’s lawsuit with the INE may lead to the electoral reform that the president has promised to “democratize” the INE.
13. EU infrastructure plan
If finally approved, the US $ 1.2 trillion infrastructure plan will have a strong impact on the Mexican economy as it will reactivate exports and remittances with the demand for significant amounts of raw materials and labor in the sector. of the construction.
14. High Level Economic Dialogue
Mexico and the United States collaborate on 10 projects in various areas that will be reviewed in March 2022 and presented to the presidents in September 2022, when Joe Biden visits Mexico.
15. Trade tensions and TMEC
Among the clouds and international disputes are the US tax incentive plan for electric cars, controversies over unions and freedom of collective bargaining in Mexican companies, and arbitrations or lawsuits by foreign companies against the Mexican government.
