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Mexico

2. State Aid

Government subsidies and special relief resources allocated to support employers, and workers, in their efforts to maintain employment and pull through the crisis.

On 22 April 2020, the Internal Revenue Service issued the Miscellaneous Tax Resolution (Resolución Miscelanea Fiscal) whereby individuals were granted the right to perform the annual tax return declaration until June 2020.

The Mexican Social Security Institute also agreed to defer payments of fees with interest based on the term requested by the employer.

Any questions

Ask our member firm De la Vega & Martínez Rojas in Mexico