Overview
- Published in the federal gazette on December 31, the presidential decree answers classification challenges the government cited for distinguishing violent or adult content.
- The stimulus covers physical sales and digital access or downloads, including services provided by foreign platforms operating in Mexico.
- The credit is applied against the IEPS due, generates no refunds or compensations, and is not treated as taxable income for income tax purposes.
- Beneficiaries are relieved of certain formal IEPS obligations, including provisions that could lead to temporary platform blocking, while VAT duties for digital services remain unchanged.
- The tax remains on the books as SAT prepares implementing rules, and opposition lawmakers argue the Executive lacks authority to effectively suspend a levy enacted by Congress.