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Mexico’s 2026 Tax Package Starts With Higher Tariffs and Targeted Excise Hikes

Hacienda projects 5.84 trillion pesos in 2026 revenue, driven by tougher customs enforcement alongside new levies.

Overview

  • Import‑tax receipts rose 19% year over year through November and surpassed calendarized goals, with Hacienda citing stricter customs controls, tighter de minimis enforcement and tariff adjustments.
  • Beginning January 1, higher duties apply to goods from countries without trade agreements, covering more than 1,400 products with rates ranging from 5% to as high as 50%, including categories like apparel, toys and some electric vehicles.
  • Hacienda estimates import‑tax collections of roughly 255,000 million pesos in 2026, a figure it indicates would be nearly double the 2025 intake.
  • Excise changes include raising the sugary‑drink quota to 3.8 pesos per liter, introducing a 1.5 pesos per liter tax on artificially sweetened beverages, and increasing the cigarette charge to 0.8516 pesos per unit.
  • Casinos and online betting face new taxation, including a 10.5% withholding on digital wagers, while México Evalúa estimates the average taxpayer will pay about 2,023 pesos more in 2026.