The health secretary has rejected the tax proposal to increase tax on tobacco and it has been decided that tax will remain same as previous years.ย In the Special Tax on Production and Services (IEPS) a pack of 20 cigarettes is taxed at 160% of sale price and MXN0.35 (USD0.03).
Related Posts
EU, Mexico sign Modernised Global Agreement (MGA) and interim Trade Agreement (iTA)
The EU and Mexico have taken a major step forward in their partnership by signing the Modernised Global Agreement (MGA) and interim Trade Agreement (iTA) on 22 May 2026 At the 8th EU-Mexico Summit in Mexico City, both sides agreed to deepen their
Read MoreUS, Mexico hold discussions in advance of USMCA joint review
The US Trade Representative (USTR), Jamieson Greer and Mexican Secretary of Economy Marcelo Ebrard have convened on 18 March 2026 to kick off bilateral technical discussions in advance of the USMCA Joint Review on 1 July 2026. Technical teams
Read MoreMexico introduces tax incentive for films, AV productions
Mexico has published a decree granting a tax incentive for film and audiovisual production in the Official Gazette on 16 February 2026. The government aims to align its creative industry with international standards, including cash rebates and tax
Read MoreMexico: SAT updates digital service providers list for VAT
Mexicoโs Tax Administration Service (SAT) has issued Official Letter No. 700-04-00-00-00-2026-003, publishing an updated list of non-resident digital service providers registered in the Federal Taxpayers Registry (RFC) for VAT purposes. The
Read MoreMexico signs CRS MCAA addendum to expand crypto reporting
Mexico signed the Addendum to the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA) on 21 November 2025. The addendum updates the Common Reporting Standard (CRS) with additional reporting
Read MoreMexico announces UMA values for 2026
Mexico has gazetted the values of the Unit of Measurement and Update (UMA) for 2026 on 9 January 2026. The UMA is a key reference used in Mexico to calculate various administrative and fiscal obligations, including fines, fees, and social
Read More