Tax collection grows, but at a slower rate

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As of the third quarter of 2024, tax collection reached 3,697 billion pesos, which represented an increase of 346,254 million pesos compared to the same period in 2023 and a real growth of 5.3%; However, as of the third quarter of 2023, the real annual increase was 9%, according to the information published by the Tax Administration Service (SAT).

From January to September 2024, 2,038 billion pesos were collected for Income Tax (ISR), a growth of 114,865 million pesos more compared to the same period of the previous year, which represents a real growth of 1.1%.

From Value Added Tax (VAT) 1,038 billion pesos were obtained, 85,790 million pesos more, which means a real growth of 4%.

For the Special Tax on Production and Services (IEPS), a collection of 449,938 million pesos was recorded, which means 121,573 million pesos more in nominal terms and a real growth of 30.8% compared to the same period in 2023.

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