Gasoline reaches week 12 without IEPS tax

Gasoline reaches week 12 without IEPS tax

This support will be in force from the week of May 28 to June 3.

Treasury gives additional incentives to importers and refiners of gasoline in Mexico, through VAT and ISR, since March of this year.

These incentives for this same period will be 4.25 pesos per liter of Magna: 4.26 pesos per liter of Premium, and 2.64 per liter of diesel.

This tells us that green and red gasoline are increasing more in price, compared to Diesel, which had had significant increases and fiscal stimuli in its prices in previous weeks.

Every Friday, the Ministry of Finance and Public Credit (SHCP) publishes in the Official Gazette of the Federation (DOF) these stimuli according to the behavior of fuel prices on the coast of Houston, United States, our reference market, and from where 80% of the gasoline consumed in Mexico is imported.

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