This is an issue that concerns all Mexicans, since the initiative for the income law, which is part of the package, determines how and what taxes, rights, contributions and uses will be charged in the following fiscal year. The amounts of money that will reach public coffers for oil extraction and debt contracting are also specified.
Meanwhile, what is known as a fiscal miscellaneous, contains the changes that are expected apply next year to collect contributions to the treasury, as well as incentives for compliance, and sanctions in case of non -compliance. Depending on the changes that apply reform projects for different laws or regulations, such as the Federal Rights, of the ISR, the IEPS, the VAT, the Fiscal Code of the Federation, reports on the collection of tariffs, among others.
Regarding income by 2026, the authority is expected to reinforce the control and surveillance actions for the payment of taxes of moral and physical persons; Also changes for the fight against tax fraud through sale and purchase of false invoices; Application of more tariffs for the countries with which Mexico does not have commercial agreements. And recently, Ernestina Godoy, Legal Councilor of the Presidency, revealed that changes for refreshment taxes come.
To inform and know what the collected will be spent, mostly by the Tax Administration Service (SAT), the Ministry of Finance also delivers the Federation Expenditure Budget project. In this, there is detail of cuts or increases planned for the different government agencies and autonomous entities, also for state companies: Pemex and CFE, as for the IMSS and the ISSSTE.
Economic and public finance specialists foresee that by 2026 cuts to the expense that are occupied to provide public goods and services such as health, education and infrastructure will be applied, after the objective of reducing the difference between what the public sector and its income spends, which is covered with debt.
Maintaining a downward fiscal deficit is important for the Treasury, since this is reviewed by international credit agencies, in addition to economic indicators, to determine how much payment capacity has a government to hire or issue financing.
Both the arrival of income, as well as the distribution of these, are calculated based on different economic indicators that Hacienda estimates considering the national and international contexts, so it is important that these are reported as close to what is stipulated by the Treasury, since they can mean surplus or missing income, in addition to or sub -exercises of public spending.
These indicators are GDP, inflation, exchange rate, interest rate, average price of Mexican oil mixture, production and export oil platforms.
After the package proposal is presented, it begins to analyze and discuss everything concerning the income party in the Chamber of Deputies, which is the Federation Revenue Law and the Fiscal Miscellaneous. If it is approved, it passes to the Senate, and if they do not apply changes, return to deputies for discussion and approval. The deadline for this part is October 31.
Meanwhile, the part of the budget is analyzed, discussed and voted alone in the Chamber of Deputies, the deadline to approve this second part of the economic package is November 15.
