Friday, 06 January 2012 11:34

Only Half of the Bay Will Pay Car Ownership Tax in 2012

Written by Luis Domínguez
Tenencia still running in Nayarit Tenencia still running in Nayarit cc Christian Frausto Bernal

In a strange set of rules, this year half of the car owners in the Banderas Bay region will have to pay a tax for, well, owning a car. Those with a car registered in Jalisco won’t have to pay “tenencia” in 2012, but those with their car registered in Nayarit will have to keep paying this car ownership tax.

Back in the sixties it was the time of the “Mexican Miracle”, and the international community recognized the economic strenght of the country by choosing it to organize both the Olympic Games and the FIFA World Cup. But even a “miracle” has its limits, and the Federal Government asked for “help” to its people.

That “help” came in the form of a new, original and unheard tax: the infamous “tenencia”, a yearly tax for owning a car.

The idea was that with the money collected from that tax, the government would build new stadiums and facilities needed for the Olympic Games. Mexico '68 came and went, and even when the Games were a huge success, the “tenencia” proved to be a resilient tax which the Mexican people had to cope with for the next four decades.

2012 was supposed to be the year when Mexicans would finally get rid of the “tenencia”, as last year was issued a federal decree all but eliminating in practice this unpopular tax. The only loose end of the decree was that the states got the freedom to impose a similar tax on the cars registered in their own territories.

The crisis and the weak finances of the states have already resulted in at least 15 states announcing that they will charge a car ownership tax. Nayarit is one of those states, while Jalisco has opted not to charge for owning a car. It may have something to do with the fact that 2012 is an electoral year in Jalisco, so who knows what will happen next year...?

Add comment

1 Comment

  • Comment Link Cheap used cars Thursday, 26 January 2012 23:28 posted by Cheap used cars

    To own a personal car is very easy but to maintain it and drive it is becoming very difficult day by day, because of various taxes apply to it and continuously increasing price of the fuel and maintenance.

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Where to go? What to do? How to get there? and save?! 
All from the palm of your hand! - Just WiP iT!


Google Ads