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Mexico advances 2027 economic package and tax reforms

18 recorded revisions of this situation.

What changed

2026-10-15 20:05 UTC → 2026-10-22 11:32 UTC · added removed

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. Under the ISR reforms, the Simplified Confidence Regime (Resico) will expand its annual income thresholds from 3.5 million The government’s strategy aims to 5 million increase revenue without raising general ISR or IVA rates, targeting a revenue goal of 6.264 trillion pesos for individuals and from 35 million by 2027. This follows a period where ISR revenue fell to 50 million pesos for legal entities. Additionally, 52.2% of total tax collection during the annual income limit for small-scale producers first seven months of 2026, its lowest level in agriculture, livestock, fishing, and forestry will increase from 900,000 to 1 million pesos. two decades. To strengthen state revenue and combat aggressive tax evasion, the 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 will face caps on deductions, limited to 96.67 percent if deductions meet or exceed income, at 96.67% or 99 percent if they are lower. The 99% of income. Additionally, the ability to amortize previous tax losses is restricted to 50 percent 50% of each year’s annual profit, though the timeframe for application extends from 10 to 20 years. Furthermore, and the limit for deducting net interest against adjusted fiscal profit decreases from 30 to 20 percent. New withholding rates will also be applied 30% to digital platforms, including e-commerce and ride-sharing services. 20%. In October 2026, the Chamber of Deputies approved the ISR reform with 322 votes in favor and 115 against, supported by the Morena, PT, and PVEM parties. PVEM. Legislators rejected opposition amendments from the PAN that sought amendments to exempt Christmas bonuses and overtime pay from income tax, pay, citing a potential cost of 20 billion pesos. Opposition peso cost. While the government aims to collect nearly 150 billion pesos through these measures, opposition members from the PRI and PAN criticized PAN, along with the reform, arguing it targets compliant taxpayers and automotive sector (AMDA), warn that limiting deductions for operational costs deductions could force businesses to pay taxes on ‘fictitious profits,’ potentially harming investment. investment and low-margin industries.

Versions

  1. 2026-10-22 11:32 UTC Mexico advances 2027 economic package and tax reforms
  2. 2026-10-15 20:05 UTC Mexico advances 2027 economic package and tax reforms
  3. 2026-10-14 21:11 UTC Mexico advances 2027 economic package and tax reforms
  4. 2026-10-14 18:59 UTC Mexico advances 2027 economic package and tax reforms
  5. 2026-10-14 15:08 UTC Mexico advances 2027 economic package and tax reforms
  6. 2026-10-14 06:25 UTC Mexico Chamber of Deputies approves 2027 Revenue Law and ISR
  7. 2026-10-14 02:57 UTC Mexico Chamber of Deputies approves 2027 Revenue Law and ISR
  8. 2026-10-14 00:02 UTC Mexico Chamber of Deputies approves 2027 Revenue Law and ISR
  9. 2026-10-13 21:15 UTC Mexico Chamber of Deputies approves 2027 Revenue Law and ISR
  10. 2026-10-13 04:22 UTC Mexico 2027 Economic Package targets debt and tax reforms
  11. 2026-10-09 04:28 UTC Mexico 2027 Economic Package targets debt and tax reforms
  12. 2026-09-25 21:24 UTC Mexico 2027 Economic Package targets debt and tax reforms
  13. 2026-09-16 11:13 UTC Mexico 2027 Economic Package targets debt and tax reforms
  14. 2026-09-15 08:21 UTC Mexico 2027 Economic Package targets debt and tax reforms
  15. 2026-09-15 02:45 UTC Mexico 2027 Economic Package targets debt and tax reforms
  16. 2026-09-14 23:45 UTC Mexico 2027 Economic Package targets debt and tax reforms
  17. 2026-09-14 20:47 UTC Mexico 2027 Economic Package targets debt and tax reforms
  18. 2026-09-14 11:53 UTC Mexico 2027 Economic Package targets debt and tax reforms
  19. 2026-09-13 20:34 UTC Mexico proposed 2027 corporate tax reforms

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