Morena Lines Up Senate Approval of 2026 Revenue Law With No Major Changes

Overview

• Senate commissions are set to meet on October 27, issue opinions on October 28, and take a plenary vote on October 29 to meet the October 31 deadline.
• After briefings from Finance Ministry and tax officials, Morena senators said only technical clarifications are expected to the Deputies’ minuta.
• The package keeps IEPS increases on sugary and sweetened beverages, with officials presenting public‑health justifications during the meetings.
• The bill includes a reported 1.78 trillion pesos authorization for net internal borrowing.
• Enforcement provisions target improper VAT credits by insurers and give the tax authority real‑time access to data from streaming platforms, while opposition blocs plan to challenge the plan in debate.