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Legislativa

Mexico – Extra taxes will be applied to gaming industry in Tabasco

By - 26. března 2020

Lawmakers in the state of Tabasco in the southeast of Mexico have increased taxes on gambling. The increase is now in effect after it was approved by members of the Finance Commission in the State Congress.

The president of the commission, Braulio Exequias Escalante Castillo, stated that proposals to reform the Finance Law previously sent by the state governor fits in with government policy as it seeks to ensure that “those with more pay more.” The legislator is a member of the left wing coalition the National Regeneration Movement (MORENA) party.

“This will result in better services to citizens. We are below the national average in terms of tax collection, when it comes to betting houses. . . .whoever has the most has to pay the state is a commitment from MORENA, “he said.

The lawmaker said that the tax for each gaming machine would increase from $600 to $1,300. Taxes on alcoholic drinks in casinos will also increase. Both taxes were approved by a majority of five to one.

However the president of the Business Coordinating Council of Tabasco (CCET), Luis Alberto Rodríguez Luna, remained optimistic saying that the new taxes on casinos and alcoholic beverages approved in the state congress, would not lead to layoffs and that the industry would be able to put in measures to help reduce the impact on the sector.

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