Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexicans blindsided with new food tax

If you fetch a quick quesadilla or hot dog in Mexico, expect to pay more very soon. Beginning July 1, the 16 percent value-added tax (VAT) will be added to popular prepared foods sold in supermarkets and convenience stores. The new federal tax will cover a variety of foods consumed by busy Mexicans who find less and less time to cook at home, including tortas, tamales, sandwiches, flautas, tacos, hot dogs, roasted chickens, and much more.

Food prepared and sold in restaurants has long been subject to the 16 percent VAT, but until now similar foods offered at commercial . . .

Read Full Story

Related Posts

Mexican peso appreciates

Mexican Peso Hits One-Month High Against the Dollar

The Mexican peso reached its strongest level in a month against the dollar, giving travelers...
BCS government keeps talks open with Los Cabos tourist transport operators

BCS government keeps talks open with Los Cabos tourist transport operators

BCS says talks remain open with Los Cabos tourist transport operators as QR rules, permits...
U.S. orders review of Mexico’s 53 consulates

U.S. orders review of Mexico’s 53 consulates

A U.S. review of Mexico’s 53 consulates could affect services used by Mexican citizens and...

Puerto Vallarta Airport Sees Sharper Air Travel Drop

Puerto Vallarta airport logged a third month of falling international passengers, raising questions about air...