Exclusive: Pemex tax burden could be reduced further, senior official says

Exclusive: Pemex tax burden could be reduced further, senior official says

© Reuters.  © Reuters.

By Stefanie Eschenbacher and Abraham Gonzalez

MEXICO CITY (Reuters) – Mexico's government is weighing making further reductions to the tax burden on national oil company Petroleos Mexicanos (Pemex) to bring it closer to that of ordinary companies, a top finance ministry official said on Wednesday.

Lower taxes could mark a turning point for ailing Pemex, the country's largest company and tax payer.

Original Article

Leave a comment

Send a Comment

Your email address will not be published. Required fields are marked *