Regulations for the Importation of Used Vehicles and ...

have made the market more price-sensitive for new vehicles. Today, ninety-six percent of new cars are purchased on credit. Due to recent fiscal reforms, Mexico’s value added tax (VAT) is now applicable at a rate of 16 percent throughout the country. As of 2015, the vehicle acquisition tax (ISAN) is applicable to all new and used vehicles with ................
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