Mexico mulls tax cut for private equity investors

Mexico is evaluating ways to aid private equity investors and spur growth in the industry, including a reduction in the tax that funds pay to list companies on the stock exchange, according to four people with knowledge of the proposals.

The government may give funds incentive to take companies public by reducing the tax on sales through initial public offerings to 10 percent, in line with the capital gains rate, from the 35 percent regular income tax rate.

Source: Bloomberg