Yucatan is no longer a favorable state for tax evation: Expert

With the recent  financial law changes, tax evation has become a lot more diffcult task for local entrepreneurs. MERIDA – “The use of “ghost bills” to simulate the deduction of expenses and evade taxes is no longer that easy to achieve”, declared Juan Manuel Franco Gallardo, tax expert from the BDO office in Mexico City. (Photo: More...

by Yucatan Times | Published 4 weeks ago
By Yucatan Times On Friday, December 22nd, 2017
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Coparmex forecasts a difficult 2018 for politics in Yucatán

The president of the Coparmex Merida, Gustavo Cisneros Buenfil, sees a very difficult 2018 for Yucatan due to the electoral process. MERIDA – “From an economic point of view, there are projects that will More...

By Yucatan Times On Thursday, December 21st, 2017
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Public projects worth millions of pesos in the works for Yucatan in 2018

The State Congress is analyzing 116 investment projects for the fiscal package of Yucatan in 2018… MERIDA –The proposed budget stipulates the construction of the regional artisanal center of the east with More...

By Yucatan Times On Wednesday, December 20th, 2017
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Student from Cancun wins prestigious fashion scholarship in New York

New York, NY – LIM College student Natalia Salinas from Cancun won an Accessories Council competition and a $2,000 USD scholarship for her concept and design of the Care Bracelet, stylish medical ID bracelets More...

By Yucatan Times On Tuesday, December 19th, 2017
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New $60M USD fuel storage facility to open in Progreso next year

The energy distribution company Hidrosur projects that by May 2018 it will be operating the first hydrocarbon logistics platform funded with private capital in the country… MERIDA – Through an investment More...

By Yucatan Times On Tuesday, December 19th, 2017
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Oil’s decline prompts cacao resurgence

TABASCO — Dropping oil prices and the ensuing job losses in the Gulf state of Tabasco have resulted in a resurgence in the production of cacao. With 2% of the worldwide cacao, or cocoa, production, More...

By Yucatan Times On Tuesday, December 19th, 2017
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Should Americans worry about tainted alcohol on Mexican vacations?

CANCUN – All-inclusive resorts along Mexico’s Caribbean coast are popular with Americans, and high tourist season there was just getting started in mid-November, but the death of an American following her vacation More...

By Yucatan Times On Monday, December 18th, 2017
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Is travel insurance a smart buy?

Hundreds of millions of travelers ask themselves this question each year. And one in three jet-setters now opt in for travel insurance. But before you can answer this question for yourself, you need to equip yourself More...

By Yucatan Times On Saturday, December 16th, 2017
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NBA plans minor league franchise for Mexico City

MEXICO CITY — Before the first of two N.B.A. regular season games were played in Mexico City last week, league Commissioner Adam Silver said that the National Basketball Association intends to move quickly More...

By Yucatan Times On Friday, December 15th, 2017
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Parking meters likely coming to Playa del Carmen next year

PLAYA DEL CARMEN — As part of the the Urban Mobility Plan for Solidaridad municipality, parking meters will be installed in the Central Zone, which officials say is the most congested area of the city. Chairman More...