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Mexico Introduces New Tax Refund SchemePosted May 5.,2009 10:55
The Mexican government has instituted a program for reimbursing the tax on products foreign tourists purchase during their visit to Mexico. Known in Mexico as the Impuesto de Valor Agregado (IVA), the scheme, which became effective in June, 2008, has been put in place to help boost slow economic growth in Mexico. Tourism is Mexicos third largest source of revenue, and the scheme will enable foreign...Read More
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