Mexico Sets 2026 Fuel IEPS Quotas as Budget Projects 473.3 Billion Pesos From Gasoline Tax
Hacienda says the inflation indexation of IEPS will not raise pump prices under the fuel price stabilization pact.
Overview
- The 2026 per‑liter IEPS quotas published in the Diario Oficial rise to 6.70 pesos for regular, 5.65 for premium, and 7.36 for diesel.
- Gasoline IEPS revenue is projected at 473,279 million pesos in the 2026 budget, which is 6.7% below the expected 2025 take.
- Hacienda maintains the indexation will not affect retail prices as the government continues a voluntary agreement to hold regular gasoline below 24 pesos per liter.
- Fiscal stimuli were withdrawn for the year‑end period of 2025, so motorists are paying the full IEPS during the holidays.
- The fiscal package expands so‑called health taxes, doubling the sugary‑drink quota, adding IEPS to light/zero beverages, raising tobacco ad valorem rates, and increasing gaming and betting taxes; an 8% levy on ‘violent’ video games will not be applied pending congressional repeal.