On 28 September 2026, the Mexican Ministry of Finance (SHCP) and SAT reported that federal government revenues increased by MXN 154.5 billion (approximately USD 7.7 billion) during January–August 2026 compared to the same period in 2025. The growth reflects stronger tax compliance, improved collection efficiency from digital invoicing (CFDI 4.0), and higher oil and non-oil tax receipts. The report highlights that tax revenues grew 4.2% in real terms, driven by VAT and income tax collections, while non-tax revenues rose due to higher energy sector royalties.
Key Takeaways
- Compliance Gains: SAT attributes 60% of the increase to enhanced audit strategies and mandatory e-invoicing, which reduced evasion in VAT and income tax.
- Fiscal Buffer: The surplus provides fiscal space for 2027 budget priorities, including infrastructure and social programs, without new tax hikes.
- Monitoring Risks: Authorities flag potential slowdown in H2 2026 due to global economic uncertainty, urging continued vigilance on customs and digital economy taxation.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement