Against invoices
The draft opinion for the Federal Tax Code was also passed to the plenary session of the Chamber of Senators, which seeks to strengthen actions against the issuance of false invoices and smuggling of foreign trade goods.
Following this objective, the CFF contemplated for 2026 grants new powers to the Tax Administration Service (SAT) such as home visits with photos, audios and videos to corroborate that false invoices are issued; digital seal restriction in case the alleged purchase of false invoices is not refuted; deny registration to the RFC if the authority detects that a legal representative, partners, shareholders or shareholders participate in companies that have carried out operations with false billing.
It also highlights granting the tax authority access to information from digital platforms. This proposal was qualified by its passage in the Chamber of Deputies, emphasizing that it will be only with the objective that digital platforms comply with their tax obligations.
Taxpayers will support public finances
The senators of both commissions also voted in favor of the opinion of the Federal Income Law, which establishes that more than 57% of public income will originate from the collection of taxes.
The document, which was only presented and voted on in Senate committees, establishes VAT withholding for insurers starting next year, and exempts them from this obligation for previous years. An increase in the interest withholding rate is also anticipated from 0.50% to 0.90% on the capital that generates interest. A 20% withholding is expected on the nominal interests of financing made through fintech. VAT and ISR withholdings are stipulated for digital platforms and for those who offer goods or services through them.
In the opinion approved in committees, total public income of 10.1 billion pesos is contemplated by 2026, of which 5.8 billion will be from taxes, which represents 57% of the total; while oil revenues will be 1.2 billion, which represents 12% of the total. Also a net debt amount of 1.7 trillion pesos for internal debt, and 15.5 billion dollars for external debt.
