Mexican Government has decided not to come up with new taxes or even increase existing taxes in this current 2015 Budget year due to their strategic resolution of harmonizing the federal tax budget by the year 2017, Undersecretary of Finance and Public Credit of Mexico. Through this planning they are sensing to pulverize the tax deficit to 0% from 1.5% of GDP calculated last year. Additionally, it has been seen that tax revenue coming from oil industry has got a net 6.3% up rise than that of 2013.
Related Posts
Mexico updates register of non-resident digital service providers for VAT purpose
Mexico's Tax Administration Service (Servicio de Administración Tributaria, SAT) has published an updated list of
Read More
Mexico: SAT urges eligible taxpayers to apply for 2026 Fiscal Regularisation Programme
Mexico's Tax Administration Service (SAT) has urged individuals and businesses with outstanding tax liabilities to take
Read More
Mexico increases IEPS fuel incentives for gasoline, diesel
Mexico's Ministry of Finance and Public Credit (SHCP) has increased Special Tax on Production and Services (IEPS)
Read More
US: Trump says USMCA matters more to Canada and Mexico
President Donald Trump said on Tuesday, 28 July 2026, that he has no interest in revising the six-year-old
Read More
US, Mexico lock in September USMCA talks as auto content dispute deepens
The US and Mexico will meet for a fourth negotiating round in early September 2026 to work through disagreements on
Read More
US targets interim USMCA deals with Mexico, Canada by year-end as full overhaul slips to 2027
US Trade Representative (USTR) Jamieson Greer signalled this week that the Trump administration has abandoned hope of
Read More