The Tax Administration Service reported this Monday that in the first nine months of the year it obtained 3,697 billion pesos (bdp), with the IEPS being the concept that had the best performance.
The Special Tax on Production and Services (IEPS) collected 449,938 million pesos (mp), which represents a real growth of 30% in the reference period.
This tax is sensitive to the price of gasoline, since the Mexican Government grants a subsidy when international oil prices threaten to significantly increase fuel prices in the country.
Given this, the Treasury reduces the IEPS fee that is charged in the final prices at gas stations.
For VAT and ISR, the SAT collected 1,038 bdp and 2,038 bdp, respectively, which represented increases of 1% and 4%.
The SAT highlighted the implementation of the Master Control and Collection Plan, which aims to have a level floor for the collection of taxes without the need to create new ones or increase existing rates.
