- º Income Tax (ISR) was 4.6% lower in real terms with respect to the same period of 2016, but exceeded the target set forth in LIF by 37 billion 912.5 million pesos.
- º Value Added Tax (IVA) was 2.1% higher in real terms with respect to the previous year and exceeded the target set forth in LIF by 5 billion 856.5 million pesos.
- º Production and Services Special Tax (IEPS) in real terms was 15.0% lower with respect to the first quarter of 2016 and was 17 billion 217. 5 million pesos lower than the target set forth in LlF (15 billion 864.4 million pesos for gas and diesel and 1 billion 353 million pesos for non-oil related IEPS).
- º Import General Duties (IGI) was 8.3% higher in real terms with respect to the same period of 2016, and exceeded the target set forth in LIF by 2 billion 195 million pesos.
♦ The revenues managed by SAT reached 729 billion 768.1 million pesos, which was 31 billion 376.7 million pesos higher than the amount budgeted for the first quarter of fiscal year 2017. With respect to the previous year such revenues were 3.5% lower in annual real terms.
Main taxes, ISR and IVA
January-March, 2012-2017
Millions of pesos
Tax revenues managed by SAT
January-March, 2012-2017
Millions of pesos
By: Grupo Farías, Tax Attorneys