IMCO: Mexico's Tax Regime May Not Cure Pemex's Financial Woes

Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--The Mexican Institute for Competitivity (IMCO) recently warned that the new fiscal regime for Petroleos Mexicanos (Pemex) (Mexico City, Mexico), aimed at reducing its duties and easing its taxes, will not guarantee financial or operational success for the state-run company.