Feb 17 • 02:03 UTC 🇲🇽 Mexico Milenio (ES)

Sheinbaum publishes in the DOF tax incentives for the film industry

President Claudia Sheinbaum has issued a decree providing tax incentives for film and audiovisual production in Mexico.

President Claudia Sheinbaum has published a decree in the afternoon edition of the Diario Oficial de la Federación (DOF), which introduces a tax incentive aimed at boosting the film and audiovisual production industry in Mexico. This incentive is structured as a tax credit that can reach up to 30 percent of the total cost of a production project carried out within national territory, with a cap of 40 million pesos per project. The goal of this initiative is to align Mexico's fiscal policies with international best practices while ensuring fiscal responsibility.

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