How to take advantage of IETU

A major reason for hiring the personnel outsourcing services

In the first half of 2007 the front page of major newspapers nationwide informing the bill to create a new tax called CETU:

El Universal: For Canacintra is inhibitory; affects employment, say accountants. Tax evasion and avoidance of the Income Tax (ISR) reach 4% of Gross Domestic Product (GDP). This figure is greater than 1.8% to be obtained with the CETU.

The Secretary of the Treasury Agustin Carstens, newly appointed governor of the Bank of Mexico, said that this single tax (CETU) is a friendly tax for investment.

El Financiero: The initiative for a tax reform that the Treasury Department sent to the Congress requires amended because as it was presented by the President, is not ready for approval.

Despite the arguments that the authority has assumed on the benefits of the new law Contribución Empresarial a Tasa Unica (CETU), tax specialists say that the tax itself will inhibit the attractiveness of investment and job creation, because the rate be imposed is very high.

Due to the complexity to determine this tax, Leñero estimated there is a semester to analyze and improve, because the focus is going to high profit margins of a business, regardless of size, mainly affect those with intensive labor.

Therefore, he asked Congress to analyze in detail the CETU scheme proposed by the Ministry of Finance and the implications for every sector of the economy.

La Crónica: Contribución Empresarial a Tasa Unica (CETU): a new tax of 19% for companies and business people (additional 28% of ISR)"

There is a back step to the tax Contribución Empresarial a Tasa Unica rate (CETU).

The Congress adopted on 1 June 2007, The Ley de Impuesto Empresarial a Tasa Unica (IETU) as part of fiscal reform package proposed by the by President Felipe de Jesus Calderon Hinojosa. This tax law came active on 1 January 2008.

In AGENTIA, we advise you so you do not worry about this tax and will instead take advantage, as our services are invoiced and become 100% deductible in the tax rate called, IETU. Come and try us!