is reported that since 2002 the country failed to attract 474 billion pesos a year through inefficiency in tax collection , according to a report by the Chamber of Deputies . The reasons mentioned in the report are the application of different rates, exemptions, subsidies, tax credits, special schemes and the expansion of the informal economy.
The study The loss in revenue from Mexican federal treasury tax expenditure budgets 2002-2007 period referred to in Mexico that "lost" 2 trillion 373 billion pesos. The figure is higher than the budget of expenditures for this year, valued at 2 billion pesos.
The term "tax expenditure" is used to refer to amounts that fails to collect the exchequer on account of different rates in different tax exemptions, subsidies and special arrangements in the various laws that apply to tax legislation federal level.
In this context it is unfortunate that they've waited so many years to realize this problem, now would be a good time to summon the former - Secretary Francisco Gil Diaz and explain his version.
