Mexico plans to tax digital platforms: deputy finance minister

FILE PHOTO - Arturo Herrera, a nominee for deputy finance minister by Mexico's president-elect Andres Manuel Lopez Obrador, speaks during an interview with Reuters in Mexico City, Mexico, August 21, 2018. REUTERS/Gustavo Graf

Deputy Finance Minister Arturo Herrera said Mexico’s total tax take was too low relative to other Latin American countries and that it needed to increase public revenues. However, Herrera said there was international agreement that countries should be able to levy “interim” taxes on such companies while a broader consensus on the issue is forged.

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