LatinNews Daily - 07 September 2023

In brief: Mexico hails increased tax take

* Mexico’s national tax authority (SAT) has issued a new report with preliminary figures on tax take between January and August 2023. According to the report, tax take equalled M$2.99trn (US$171bn) in the first eight months of the year, an increase of M$369.1bn compared to the same period in 2022, equating to an increase of 7.5% in real terms. According to the SAT, net tax take has increased by 12.2% in real terms since 2018, when President Andrés Manuel López Obrador took office. SAT states it has achieved this increase by establishing “different plans and courses of action, based on honesty, zero impunity and an even floor in contributions”.

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