Tax Competitiveness of the Maquiladora Industry
Final Results
Countries
Final results
According to the results set out in table Table 1.8
1.8, which arose from the preceding
calculation, countries selected for this
analysis are: China, Brazil, Mexico,
South Korea and Thailand. Since
countries selected had values which
approximate that of Mexico, it is
worth clarifying that in addition to the
countries selected, the study included
Costa Rica because it aims to evaluate
another country located in the same
region as Mexico, with certain similar
conditions even when the values
assessed were not so similar.
China
112%
Brazil
70%
Mexico
100%
South Korea
99%
Thailand
70%
Malasia
67%
Hungary
41%
Costa Rica
50%
Source: Prepared by KPMG in Mexico 2012
Estudio de Competitividad Fiscal Internacional de la Industria Maquiladora
KPMG. 15
Methodology
After selecting comparable markets
we analyzed each of the promoting
regimes available offered therein. From
these selected countries, some have
more than one regime for the various
operations a company may engage in.
As for promoting regimes, we only
selected one for each country subject
to assessment. The criteria used
for this selection was to choose
the one that most resembles the
maquiladora regime in Mexico. The
second criteria for this selection
I was to pick the regime that offered
the greatest possible benefits to
participating entities.
To facilitate the comparison, the
analysis includes various tax groups
used for grouping and classifying the
applicable taxes of each country.
⚫ Indirect taxes (those taxing internal
consumption)
Foreign trade taxes
•
Other taxes
• Local taxes
The tax groups are as follows:
Table 1.9
.
Corporate taxes (those taxing the
profits)
Promoting regimes matrix
Country
Regime
Mexico
Maquiladora
China
Free zone
Brazil
Free trade zone
South Korea
Free trade zone
Free zone
Free zone
Table 1.9 shows the regime
selected by country.
For further analysis details, table
1.10 shows a matrix that include
each of the regimes by country and
the treatment afforded to each tax
group. In certain cases, there is more
than one type of tax per group. In
treatment is different within the
group, detailed explanation will be
provided for each.
Thailand
Costa Rical
Source: Prepared by KPMG in Mexico 2012View entire presentation