LatinNews Daily - 16 January 2024

In brief: Mexico’s tax take up in 2023

*Mexico’s national tax authority (SAT) has released figures showing that tax take totalled M$4.5trn in 2023, an increase of 12.3% in real terms as compared to 2022. SAT noted that yearly tax take has increased by 48% in nominal terms, from M$3trn to M$4.5trn, since President Andrés Manuel López Obrador took office in 2018, which has been achieved without creating new taxes or increasing existing ones. The government has previously attributed rises in tax take to tax efficiency measures and a clamp down on tax evasion. According to the SAT, this has allowed for greater spending on infrastructure and social programmes.

Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.