President Claudia Sheinbaum reported Friday that her government will eliminate the deductibility of contributions taxes made by some banks to pay the debt of the Savings Protection Bank Fund (Fobaproa), which continued with the Institute for Bank Savings Protection (IPAB).
Sheinbaum considered, in his morning press conference, that this measure will be established as part of the Income Law of the 2026 Federation for amounts estimated at 10 billion pesos.
The president mentioned that Fobaproa’s debt is paid with citizens’ taxes and part of the resources generated by banks, but in the case of these, they are tax deductible.
“I can tell you something right now, I’m not going to endure, I’m going to advance them, remember the fobaproa? How to forget, how, no, no, right, don’t the song go, well, what’s the name now, the iPab, right?
“That debt that was deprived and that became a public debt, there is a small part that the banks contribute, because they will not believe, it is deduced from taxes, if they understood me? The vast majority of contribution to the IPAB comes from the town of Mexico, there is another part that in the time of Peña Nieto opened open fertilizers, but it turns out that the small part that the banks contribute, they deduce it from taxes. That is part of the package that we are going to present, I already told them, ”he said.
-More or less how much is it? They asked him.
“They are like 10 billion pesos of what is recovered,” he replied.
The president said that these taxes must be paid for fiscal justice, so she sent the message to the banking institutions and said that she has already raised the issue to some bankers and promised that Edgar Amador, secretary of the Treasury, will expose in detail about this case next Tuesday.
“Already on Tuesday the details Edgar Amador, but it is one of the issues that we make the decision because it cannot be that there is tax deduction of a contribution that is made to be able to pay the fobaproa debt, that is, how are you going to deduce the taxes? Well, you have to pay taxes of that,” he said.
“They are some of the issues that come in the New (Income Law), if the banks listen to me, it is something that even with some of the owners of the banks I talked at the time, but I think it is fair, because there is no deduction, then it is already raised in the income law,” he said.
Sheinbaum said he hopes that all banks will agree with the measure.
“I think all banks will cooperate, they will agree,” he said.
The Savings Protection Bank Fund (Fobaproa) was created in 1990 during the administration of Carlos Salinas de Gortari, to absorb banking debts after the crisis of 1994-1995, making them in public debt. Then, in 1999 the iPab was created, a successor spice, to protect bank deposits to a certain limit.
Fobaproa’s multimillionaire debt is still paid, both with citizens’ taxes and with bank contributions and bond emissions.
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