Customs and SAT Sharpen Teeth and Raise Revenue for Public Coffers

Dora Villanuev, Mexico City. Customs are the central scenario for increasing revenue collection in Mexico without the need for a major tax reform, said Edgar Amador Zamora, Secretary of Finance and Public Credit. Only by seeing the size of what the external sector represents in the country’s economy, is there scope for at least tripling revenue in these areas, the official showed. “If the Mexican external sector is added it is about 73 percent o…

The consolidation of the National Customs Agency of Mexico (ANAM) and the actions aimed at stopping and detecting improper acts such as smuggling and undervaluing, in addition to increasing the acts of control, have left more in the collection of revenues for the public coffers. Customs collection, which are the points through which goods and persons coming from abroad enter, recorded 336,921 million pesos in the first quarter of the year, when …

Redacción Ciudad de México. In the period 2019-2024, 367 percent of the revenue of large taxpayers for transfer prices increased compared to the period 2013-2018, the Tax Administration Service (SAT) reported. In a statement, the agency indicated that from 2013 to 2018 28,966 million pesos were collected in that segment, while from 2019 to 2024, the SAT received 106,178 million pesos. “In the last year alone, derived from the acts of audit in re…