One of the obligations that motorists must comply with is the payment of the tenancy. This is done during the first months of the year and has been in existence since 1962 by decree of then President Adolfo López Mateos.
However, over time, this tax was eliminated in some states. We tell you which ones and other curious facts about this endorsement.
Why is tenure paid?
This tax was established to help raise resources for the organization of the 1968 Olympic Games. By presidential mandate, the charge would be implemented throughout the country for six years (from its implementation until the sports event was held) to all who had a car in their name.
However, when the sporting event was held, the tax did not disappear, but became permanent and was established in the country’s Income Law.
Who does and who does not pay tenure?
To this day the charge is still in force but no longer throughout the country. In the following cases there is still a holding charge, but in some cases 100% discounts are made if paid in the first months of the year:
- Lower California
- Mexico City
- Mexico state
- New Lion
Those who no longer pay tenure
- Baja California Sur
- Quintana Roo
- San Luis Potosi
What is considered to calculate the price of the holding?
This tax is not the same for everyone. According to BBVA, there are different factors that affect the final amount contributed. The idea behind these variables is to collect, to a greater extent, those who have more purchasing power.
To calculate the tenure payment, the treasury takes into account factors such as:
- The make of the vehicle
- model year
- the car model
- The version
- The vehicle line.