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

FAN Editor 4 years ago

December 9, 2020

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.

(Reporting by Stefanie Eschenbacher and Abraham Gonzalez in Mexico City; Additional reporting by Ana Isabel Martinez and Adriana Barrera in Mexico City; Editing by Matthew Lewis)

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