Mexico’s Tax Collection Rises 5.3 Percent Year-Over-Year
The 3.68 trillion pesos in taxes collected during the first nine months of 2024 represent a 346.2 billion peso year-over-year increase from 2023
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Navigating Mexico: It’s that Dreaded Tax Season Again
By JUAN DE JESÚS BREENE If you live and work in Mexico, April 30 is your date with destiny, at least in terms of fiscal inevitability. That is the deadline Mexico’s federal law gives you to file your taxes if your yearly earnings inside the country amount to 400,000 pesos or more. For most people, ´preparing a tax return —
Read moreStriking Workers Causes Chamber of Deputies to Flee
By KELIN DILLON After striking union workers reached the front steps of Mexico’s Chamber of Deputies on Tuesday, Dec. 14, legislators suspended their in-progress session and fled the scene as the workers attempted to enter the plenary hall. The dissenting laborers were acting in protest of the administration of the Chamber of Deputies’ Dec. 13 decision to remove income tax
Read moreCongressional Commission Approves AMLO’s Income Package
By KELIN DILLON On Monday, Oct. 18, Mexican President Andrés Manuel López Obrador’s (AMLO) 2022 National Income Package was approved by the Chamber of Deputies’ Economic Commission, including all its proposed reforms to the nation’s Income Tax Law (ISR). The package, which now passes to the full Chamber for passage, controversially proposes the registration of all legal Mexican adults over
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