In recent years, Mexico has faced a significant challenge in combating fuel theft, leading to substantial economic losses and environmental hazards. To address this issue, The Mexican Ministry of Energy (SENER) and Ministry of Economy published a modified agreement on October 23, 2023 “prohibiting importation into Mexico of 68 tariff categories of petroleum products, including... Read more »
A second wave of Superfund taxes will go into effect on January 1, 2023. The new round of taxes will be applied to imported crude oil and petroleum products. The petroleum excise tax applies to crude received at a US refinery and is to be paid by the refinery operator. Taxes on petroleum products... Read more »
