Puerto Vallarta News

Puerto Vallarta News

Puerto Vallarta approves increase in property taxes

In an ordinary session held on Tuesday, the City of Puerto Vallarta, approved by absolute majority, the Municipal Income Law for the fiscal year 2020, which includes a 5 percent increase in municipal taxes.

The building agreement initiative presented by Mayor Arturo Dávalos Peña, which will be turned over to the Jalisco State Congress for final approval, estimates revenues of $1.5 billion pesos, about $67 million more than expected in the this year's budget.

Dávalos Peña said that except for the general increase of 5 percent provided for in this law, no other increase . . .

Read Full Story

Related Posts

Baja gray whales

Gray whales make the longest trip of their lives to Baja

Gray whales swim from the Arctic to Baja lagoons each winter. Here’s where to watch...
peso today

Mexico’s peso briefly hit 17.98 as traders pile into carry trade

Mexico’s peso hovered near 18 per dollar, briefly hitting 17.98, as carry-trade flows and rate...
San Miguel Guadalupe Day

San Miguel Guadalupe Day turns streets into a sea of faith

San Miguel de Allende marked Guadalupe Day with packed Masses, street processions, and neighborhood celebrations...
Puerto Vallarta buses

Puerto Vallarta buses are coming but is 38 enough?

Jalisco Gov. Pablo Lemus says 38 new buses reach Puerto Vallarta next week, kicking off...