Puerto Vallarta News

Puerto Vallarta News

Mexican Government Gives Tax Breaks in Baja to Help Economic Recovery After Hurricane

The Mexican Government is offering tax benefits to the northwestern state of Baja California to help its economy recover from the devastation caused by Hurricane Odile.

President Enrique Peña Nieto announced a number of measures to help small businesses in the region, including exemption from income tax for all investments in reconstruction projects.

Entrepreneurs in the region will also be able to defer the payment of social security contributions for three months.

Odile, which made landfall near Cabo . . .

Read Full Story

Related Posts

Tren Interoceánico

Interoceanic Train crash rattles investors in Mexico

After a deadly derailment, the Interoceanic Train crash is cooling corporate interest and raising questions...
Mexico housing prices

Mexico housing prices rise as World Cup pressure builds

Home prices jumped up to 10% in a year, and World Cup projects plus tourism...
San Miguel rural investment

San Miguel rural investment shifts to communities in 2026

Mayor Mauricio Trejo says San Miguel will steer up to 400M pesos and about 70%...
playa del carmen sargassum

Out-of-season sargassum patch dumped 25 tons in Playa del Carmen

An out-of-season sargassum patch dumped about 25 tons in Playa del Carmen, prompting a ZOFEMAT...