Puerto Vallarta News

Puerto Vallarta News

Trump Wrong on Mexico’s VAT

Trump Wrong on Mexico’s VAT

President Donald Trump wrongly said that “nobody from this country knew” about Mexico’s value-added tax until after NAFTA was signed. A deputy U.S. trade representative at the time NAFTA was put in place said: “US policymakers, embassy officials and tax authorities were fully aware of Mexico’s VAT system.”The president also claimed that the VAT tax put the U.S. “16 points behind, before we even started.” The former trade representative, as well as several economists and tax experts, told us the VAT is not . . .

Related Posts

Puerto Vallarta security forum doubles down on cartels

At the Puerto Vallarta security forum, Mexican and US officials vowed coordination against cartels, fentanyl...
San Miguel de Allende

San Miguel food tourism plan backs small local restaurants

Guanajuato tourism officials and San Miguel restaurateurs are aligning a new state plan to turn...
Puerto Vallarta winter travel

Puerto Vallarta winter travel boom led by Mexican visitors

Booking.com data show a four percent rise in Mexican searches for Puerto Vallarta stays this...
Mexico wellness tourism

Mexico wellness tourism surges from cenotes to sierras

Mexico is riding a wellness and nature travel boom, with glamping, retreats and temazcales turning...