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[SITUATION] · [QUIET] · [BUSINESS]

7 clusters · 79 sources · 41 days · First seen about 2 months ago · Last updated 10 days ago

Mexico advances 2027 economic package and tax reforms

Overview

The Mexican legislature has advanced significant fiscal reforms as part of the 2027 Economic Package, focusing on the Income Tax Law (ISR), the Federal Rights Law, and the Customs Law. The government’s strategy aims to increase revenue without raising general ISR or IVA rates, targeting a revenue goal of 6.264 trillion pesos by 2027. This follows a period where ISR revenue fell to 52.2% of total tax collection during the first seven months of 2026, its lowest level in two decades.

To combat aggressive tax planning and false invoicing—which Morena vice-coordinator Alfonso Ramírez Cuéllar noted resulted in 318,000 companies paying no ISR in 2025—the reform introduces stricter deduction limits for large companies with annual incomes exceeding 50 million pesos. These entities face caps on deductions at 96.67% or 99% of income. Additionally, the ability to amortize previous tax losses is restricted to 50% of annual profit, and the limit for deducting net interest against adjusted fiscal profit decreases from 30% to 20%.

In October 2026, the Chamber of Deputies approved the ISR reform with 322 votes in favor and 115 against, supported by Morena, PT, and PVEM. Legislators rejected PAN amendments to exempt Christmas bonuses and overtime pay, citing a 20 billion peso cost. While the government aims to collect nearly 150 billion pesos through these measures, opposition members from the PRI and PAN, along with the automotive sector (AMDA), warn that limiting operational deductions could force businesses to pay taxes on ‘fictitious profits,’ harming investment and low-margin industries.

Entities

Mexico · Morena · Secretaría de Hacienda y Crédito Público · Chamber of Deputies · Claudia Sheinbaum

Claims

What the coverage asserts, and how many sources carry each claim.

[● 10 SOURCES] The Finance and Public Credit Commission approved modifications to the Income Tax Law (ISR).
[● 10 SOURCES] The income threshold for the Simplified Confidence Regime (Resico) will increase from 3.5 to 5 million pesos annually for professionals and small businesses.
[● 10 SOURCES] The threshold for legal entities will increase from 35 million to 50 million pesos.
[● 7 SOURCES] The annual income limit for small producers in livestock, agriculture, and fishing will increase from 900,000 to 1 million pesos.
[● 7 SOURCES] The Senate approved reforms to the Customs Law to combat 'fiscal huachicol' and subvaluation.
[● 5 SOURCES] The Mexican government projects public debt to reach approximately 21.6 to 21.7 trillion pesos by 2027.
[● 5 SOURCES] The limit for deducting net interest against adjusted fiscal profit will decrease from 30 to 20 percent.
[● 4 SOURCES] The government projects GDP growth for 2027 to be between 1.5% and 2.5%.
[● 4 SOURCES] For legal entities with annual income exceeding 50 million pesos, deductions are limited to 96.67 percent if deductions equal or exceed income, or 99 percent if they are lower.
[● 4 SOURCES] Tax losses from previous years can only be applied up to 50 percent of each year's profit, though the timeframe to use them increases from 10 to 20 years.
[● 2 SOURCES] The 2027 Economic Package proposes no new general tax rates for ISR or IVA.

Timeline

10 days ago

[BUSINESS] 2 sources
Tax reform discussions focus on Venezuela and Mexico
Experts in Venezuela advocate for tax reforms to stimulate growth, while Mexican distributors seek a decree to protect low-margin businesses from new income tax deduction limits.
16 days ago

[POLITICS] 6 sources
Mexico Chamber of Deputies approves ISR tax reform
Mexico's Chamber of Deputies approved an ISR tax reform, rejecting opposition proposals to exempt Christmas bonuses and overtime pay from income tax.
18 days ago

[BUSINESS] 38 sources
Mexico approves major ISR tax and Customs Law reforms
Mexico's legislature has approved major tax and customs reforms for 2027, raising Resico income thresholds, tightening corporate deductions, and toughening penalties for customs subvaluation and fuel fraud.
24 days ago

[BUSINESS] 7 sources
Mexico proposes stricter tax deduction limits to combat evasion
Mexico's SHCP and SAT are proposing stricter tax controls for 2027, targeting companies with high deductions and fake invoices to combat evasion through enhanced digital surveillance and AI.
about 1 month ago

[BUSINESS] 7 sources
Mexico faces fiscal pressure as ISR revenue hits two-decade low
Mexico's ISR revenue has hit a two-decade low, prompting government proposals to limit corporate tax deductions to meet 2027 fiscal targets and protect social spending.
about 2 months ago

[BUSINESS] 37 sources
Mexico 2027 Economic Package proposes debt increase and stricter tax deductions
Mexico's 2027 Economic Package proposes increasing tax revenue through stricter corporate deductions and interest limits while maintaining social programs, despite warnings of rising public debt.
about 2 months ago

[POLITICS] 3 sources
Mexico proposes ISR modifications to target aggressive tax planning
Morena's Alfonso Ramírez Cuéllar claims 2027 ISR modifications will target aggressive tax planning and false invoicing, aiming to collect 150 billion pesos without affecting compliant businesses.

Sources

2001online.com · 889noticias.mx · ajuaa.com · areopago.mx · asesores-stratego.com · b15.com.mx · bookclubz.com · buenosdiasbcs.com · canal13sanjuan.com · ceonline.com.mx · columnadigital.com · contralinea.com.mx · cronica.uno · cronicadelpoder.com · delfino.cr · diario.mx · diariocoimbra.pt · diariocorreo.pe · diarioevolucion.com.mx · diarioimagen.net · diariosanrafael.com.ar · elbuentono.com.mx · elceo.com · elcirculorojo.com.mx · eldiariodechihuahua.mx · eleconomista.com.ar · elfinanciero.com.mx · elheraldodesaltillo.mx · ellibertario.com · elnuevosiglo.com.co · eltiempomx.com · entrelineas.com.mx · esnoticiatdf.com · estadodealerta.com.ar · excelsior.com.mx · expreso.ec · finanzasdigital.com · gestion.pe · hojaderutadigital.mx · hoylosangeles.com · hoytamaulipas.net · indicepolitico.com · jornadabc.com.mx · kioscomayor.com · lajornadaestadodemexico.com · lajornadasanluis.com.mx · lanigua.com.mx · laverdad.com.mx

This summary has been updated 18 times: see revision history