Border Zone Tax Reduced By 8% 2019
Supposedly for a strip 20 Km wide. But Ensenada is included. The previous administration raised the sales tax from 8% to 16%. The new president restored it to 8%. It means 8% less expensive gasolin...
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19.15 per liter / 16% = 3.064 /////// 16.09 pesos per liter
16.09 x 4 x 94.64% = 64.36 divided by 20 = $3.22 dlls per adjusted gallon.
You did know of course that one quart is 94.64% of one liter?
And that the tipo de cambio the ATM exchange rate is near to 20 pesos per dollar?
This is of course if unless something happens to Mexico City and the tipo de cambio, the presidente, the SAT secretaria et al and the gasolineras at the frontera.
Which is always possible. Not even Ernesto and Xavier was fully aware of the new regulations.
16.09 x 4 x 94.64% = 64.36 divided by 20 = $3.22 dlls per adjusted gallon.
You did know of course that one quart is 94.64% of one liter?
And that the tipo de cambio the ATM exchange rate is near to 20 pesos per dollar?
This is of course if unless something happens to Mexico City and the tipo de cambio, the presidente, the SAT secretaria et al and the gasolineras at the frontera.
Which is always possible. Not even Ernesto and Xavier was fully aware of the new regulations.
