Deputies generally approve Income Law 2026 • Economy and finance • Forbes México

0
4


The Chamber of Deputies generally approved, with 349 votes in favor, 128 against and zero abstentions, the Income Law 2026, which estimates a total collection of 10 billion 193,683.7 million pesos, which represents an increase of 891,667 million pesos compared to 2025, according to a statement.

The expected income is distributed among different concepts, with taxes being the largest source of collection, with 5 billion 838,541.1 million pesos; 641,782.1 million pesos correspond to Social Security Fees and Contributions, 39.6 million pesos to Improvement Contributions, 157,081.7 million pesos to Rights, 16,488.3 million pesos to Products, 203,520.5 million pesos to Uses, 1 billion 630,973.6 million pesos to Sales Income of Goods, Provision of Services and Other Income; 232,630.4 million pesos to Transfers, Allocations, Subsidies and Subsidies, and Pensions and Retirements, and one billion 472,626.4 million pesos to Income Derived from Financing.

In addition, a net internal debt of up to one trillion 780,000 million pesos and a net external debt of up to 15,500 million dollars are contemplated.

It empowers Pemex and its subsidiaries to acquire an amount of net internal debt of up to 160 thousand 619.6 million pesos and an external amount of up to 5 thousand 342.1 million dollars. Meanwhile, CFE and its subsidiaries will be able to obtain internal debt of up to 8,764.2 million dollars and another external debt of 996.0 million dollars.

Find out: Government foresees strategic plans for Pemex and CFE for 250,000 million dollars

Also, it authorizes Mexico City a net debt of 3,500 million pesos for the financing of works contemplated in its 2026 Expenditure Budget, and estimates that the Federation will receive income from long-term productive infrastructure projects of direct and conditional financed investment from the CFE for a total of 509,256.2 million pesos, of which 317,801.4 million pesos correspond to investment direct and 191 thousand 454.9 million pesos to conditional investment.

Authorizes the Federal Executive to contract 14 long-term productive infrastructure projects of direct investment from the CFE for a total of 32,472.7 million pesos.

The ruling also includes various fiscal incentives, such as a credit of up to 50% in toll expenses on toll roads, benefits for purchasers of fossil fuels that are not used for combustion, and incentives for mining concessionaires and those who sell books, newspapers and magazines, whose total income in the immediately preceding fiscal year would not have exceeded the amount of 6 million pesos.

Find here the most outstanding news of Mexican politics


LEAVE A REPLY

Please enter your comment!
Please enter your name here