Mexico Capital Markets: Uncertain Outlook
Partner Guillermo Uribe spoke with Latinvex on Mexico's capital market after the government announced that it would provide a tax reduction for business owners that issue shares. The tax rate on IPOs would drop from 30 percent to 10 percent, in an effort to increase IPOs.
"We do not expect that measures with such content will be the one and only driver for the markets development," says Mr. Uribe.
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