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

San Miguel de Allende Mayor warns buyers about real estate scams

San Miguel de Allende Mayor warns buyers about real estate scams

San Miguel de Allende’s mayor urges buyers to confirm developments have valid sale permits before...
los cabos spring break

Los Cabos hotels sell out early for Spring Break rush

Hotels are selling out ahead of March Spring Break as Los Cabos expects about 50,000...
Los Cabos paving 2026

Port authority fills Fonatur gap in Los Cabos upkeep

Los Cabos signed a deal making the state port authority responsible for cleanup and rehabilitation...
Cancún taxi fares

Cancún taxis move closer to meters for fairer fares

Cancún is nearing a taxi-meter rollout, starting with 1,000 cabs, to replace haggled prices with...