Mexico's Televisa sees hit coming from new tax plan

MEXICO CITY Oct 23 (Reuters) - Mexican broadcaster Televisa said it expects to be hit by a new plan to hike taxes if approved by Mexico's Senate, the company's Executive Vice President Alfonso de Angoitia told analysts during a conference call on Friday.

Mexico's lower house of Congress passed this week a watered-down version of President Felipe Calderon's tax reform proposal. Senators are now revising the plan to raise value-added tax, along with levies on beer, telecommunications and high income earners.

Televisa (TV.N) (TLVACPO.MX) is the world's biggest producer of Spanish-language television shows in the world. (Reporting by Cyntia Barrera Diaz, editing by Dave Zimmerman)