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 . . .

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