Mexico attracts 3 billion pesos through tax repatriation plan

April 19, 2017 MEXICO CITY (Reuters) – Mexico has attracted nearly 3 billion pesos ($161.50 million) in investment into the country through a tax repatriation plan, a tax official said, as U.S. President Donald Trump has floated policies that could hit growth in Latin America’s No. 2 economy. In a bid to boost Mexico’s paltry tax take and attract fresh capital, Mexican President Enrique Pena Nieto unveiled plans in January to offer an 8 percent tax on earnings from investments that Mexicans bring home. The program, which runs through June,…

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