Banks Will Pay More Tax on Tax Changes
5 Articles
5 Articles
The CEO of Banorte detailed that his analysis of the impact of the new fiscal measures will make it known when they have the budget of 2027 ready
The net profits of the financial group were 15.658 million pesos in the third quarter of the year, which meant an increase of 20% compared to the same period of 2025. The publication Banorte recognizes impact for higher tax payment for banks with changes to the ISR appeared first in the CEO.
At the end of the third quarter of 2026, the net profit of Mexico's second largest financial group was 15.658 million pesos, an annual increase of 20%.
The elimination of the deductibility of IPAB quotas and the increase in VAT on insurance was offset by other transactions in the group.
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