More money comes into the federal government's coffers via taxes

The Tax Administration Service (SAT) has good news because it has managed to raise more revenue in Mexico through taxes. Here are the figures:

In the first seven months of the year, tax revenues exceeded the expected target for that period with a compliance rate of 102.7%. .

Thus, from January to July 2025, tax collection totaled 3 trillion, 278 thousand 808 million pesos, compared to the 2.9 trillion collected at the end of the seventh month of last year .

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For the entire current fiscal year, the Congress of the Union approved an amount of 5.2 trillion pesos in the Federal Revenue Law, 2.8% more than in 2024, which represents 14.6% of the size of the economy .

The amount collected up to July represents a growth of 7.2% in real terms compared to the same period last year. , highlighted the SAT.

This meant that 334,962 million pesos more entered the federal government's coffers via taxes compared to January-July 2024. .

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This consolidated tax collection as the backbone of public spending. , as outlined in the 2025 Master Plan to strengthen economic development for the benefit of Mexican families, the SAT stated in a statement.

The largest contribution was through income tax (ISR), with an amount of one trillion 820 thousand 409 million pesos , that is, a 7% increase over what was collected in the first seven months of the previous year.

This is because income tax payments by taxpayers and businesses increased by 183 billion 605 million pesos compared to the same period in 2024.

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However, the most significant increase was achieved through VAT, with 8.3%. compared to what was collected from products and goods taxed with said tax a year ago.

On this occasion, the collection of VAT generated an additional benefit of 101.115 billion pesos, totaling 911.352 billion pesos .

While the special tax on production and services (IEPS) generated 379 billion 84 million pesos .

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As with the rest of the taxes, the figure was higher compared to the aforementioned period, with an increase of 12.102 billion.

It should be noted that, unlike a year ago, the Ministry of Finance and Public Credit is not currently subsidizing the final price of fuel with a tax incentive granted through the IEPS (Income Tax) , which allows it to generate more revenue by enforcing the tax on gasoline and diesel that consumers pay for each liter they purchase at service stations.

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OA