By Mexico Industry
According to the Mexican Federation of the Aerospace Industry (Femia), in Mexico, there are 386 companies in the aerospace sector, which are installed in 19 states of the Mexican Republic and employ around 60,000 workers. Baja California leads the ranking, with 97 established companies, followed by Sonora with 58, Chihuahua with 52, Querétaro with 50, and Nuevo León with 33 companies. Of this universe, 35% are of Mexican origin. The rest are foreigners. Among these companies are essential transnational OEMs such as Safran, Airbus, Bombardier, and Bell Helicopter, among other assemblers, and Tier 1.
Workers will pay less ISR on their payroll in 2023
By Elenne Castro
As a result of inflation last year, the Income Tax (ISR) discount will be lower in 2023. When an increase exceeds 10%, the Tax Administration Service (SAT) adjusts the table used to calculate this tax rate. Accumulated inflation was 15.31% from the end of 2021 to November 2022. The Ministry of Finance and Public Credit decided to modify the 2023 tax rate. With the publication in the Official Gazette of the Federation (DOF) about this modification, people will receive extra salary since they will have less withholding for ISR.
