Overview

• SHCP has ruled out broad fiscal reform in the 2026 package, opting for targeted legal and administrative adjustments.
• Proposed modifications to the General Customs Law are designed to capture more import-related tax revenue.
• The ministry will review and phase out outdated tax expenditures that have historically cost the treasury over MXN 1.5 trillion annually.
• The SAT will intensify debt collection efforts and collaborate with the Digital Transformation Agency on digital simplification to broaden the taxpayer base.
• Tax revenues in the second quarter exceeded targets by MXN 81,028 million, with Pemex set to receive its third consecutive annual budget transfer via Sener.