US EditionMexico’s ‘Historic’ Revenue Jump: Enforcement Over Tax Hikes, With a Nearshoring Bet
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3 Articles
Mexico’s ‘Historic’ Revenue Jump: Enforcement Over Tax Hikes, With a Nearshoring Bet
Mexico says its public finances are having a banner year without raising headline tax rates. The finance ministry reports a real 4.6% increase in 2025 revenues, driven mainly by stronger enforcement rather than new taxes or higher ISR/IVA rates. Through September, the government had collected 77.8% of its annual target. Tax receipts reached roughly 5.297 […]
The Ministry of Finance reported a real increase of 4.6% in public revenues for fiscal year 2025, driven by greater tax and non-tax revenue, without resorting to new taxes or amendments to the laws of the ISR or VAT.
Mexico City. The Government of Mexico announced on Thursday “historic figures” in revenues to the public coffers, which showed an increase of 9.1 percent in real terms during the period January-September compared to 2024, which is equivalent to 542 billion pesos (29,603 million dollars). During her morning appearance the president of the country, Claudia Sheinbaum, said that this result is “without really having increased taxes or duties” and th…
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