Mexico's tax collection reached 595,758 million pesos in January, marking an 11% real growth compared to January 2025, according to the Tax Administration Service (SAT).
In January, Mexico's tax collection reached 595,758 million pesos, reflecting a significant 11% real growth from the previous year. This figure notably exceeded the projections made by the Ministry of Finance by 36,630.6 million pesos. The higher-than-expected revenue is attributed primarily to increased collections from the income tax (ISR) and the special tax on production and services (IEPS).
During this period, the revenue from income tax alone amounted to 326,991 million pesos, surpassing the Ministry's expectations by 29,681.8 million pesos. This increase is particularly notable as it represents a real increase of 49,094 million pesos compared to January 2025, highlighting an effective effort by the SAT in tax collection strategies. The results indicate a robust economic performance at the beginning of the year, which may reflect broader economic trends or successful policy implementations.
The overall growth in tax revenue could have implications for government funding and public services if sustained. If the trend continues, it could bolster government confidence in fiscal policy and potentially influence future budgetary decisions. Moreover, this uptick in revenue is crucial as it indicates a strengthening tax base, which may offset other economic challenges faced in the country, reaffirming the importance of tax compliance and administration efforts by the SAT.
