Lifecycle
- Effective
- Last change
Country / jurisdiction: Mexico · Year: 1997 · Status: In force · Level: National · Type: Voluntary
The Federal Law on New Automobile Taxation, implemented from 1997, set up a levy over new vehicle import and purchase. The tax is revised every year, and was notably adjusted in 2021 with rates going from 2% to 17% of the vehicle price.
In 2016, the Mexican government added an article (Art.8) exempting electric and hybrid vehicles from sale or import taxation.
Official source: https://www.diputados.gob.mx/LeyesBiblio/pdf/LFISAN.pdf
Source
https://www.iea.org/policies/16923Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.