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LatinNews Daily - 25 November 2025
In brief: Mexico sees ‘record’ tax take
*Mexico’s national tax authority (SAT) has released figures showing that tax take totalled a “new record” of M$4.50tn (US$243.51bn) between January and October 2025, an increase of 6.1% in real terms compared to the same period last year. According to the SAT, M$2.44tn was collected via income tax (ISR), up 5.4% in real terms, while value-added tax (IVA) brought in M$1.25tn, up 5.2% on the same period of 2024, and the special tax on production and services (IEPS) recorded a take of M$557bn, up 5.7% on the first ten months of 2024. The SAT stated that the income of Mexico’s federal government also grew by 7.9% in real terms in the first ten months of 2025, reaching M$5.71tn, equal to a nominal increase of M$546.97bn. The SAT said these results were evidence of its “commitment to continue strengthening tax collection” for the purposes of “the benefit of the development of the country and its population”.
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