[Opinion] Refreshments, Cigars, Video Games and More: These Products Will Rise in Price by 2026 per Ieps Reform
4 Articles
4 Articles
The fiscal changes in Mexico are in sight and will translate into more taxes, so it will be a significant impact on the pocket of Mexican consumers. With the recent approval of the reform of the IEPS Law, the prices of daily products such as soft drinks, cigars, video games and more, are destined to increase by 2026. Are you ready for the “January poll” next year?The Chamber of Deputies approved a series of modifications to the Special Tax on Pr…
After more than 14 hours of debate full of slogans, banners and cross accusations, the Chamber of Deputies approved in general and in particular the reforms to the Special Tax Law on Production and Services (IEPS), which contemplates increases in taxes applied to flavored beverages, tobaccos, video games and gambling with bets. [...]
For the next year 2026, the Government of Mexico assured that there would be no new taxes.However, with 351 votes in favour, 129 against and one abstention, the Chamber of Deputies generally approved the opinion that amends, adds and repeals various provisions of the Special Production and Services Tax Act (IEPS).That is to say, there will be considerable increases in some products and the imposition of taxes on others that they did not previous…
We have talked a lot about the next financial sabbaticals that are coming in Mexico. Increased taxes, extra charges to video games or even museum tickets. Among all the noise, one of the most significant points are the changes to all the soft drinks. And although we know that there are other more important things for sure, this is not a minor thing: in Mexico, every average person takes 166 liters of soft drinks a year. The soft drinks will chan…
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