During the first quarter of 2018, the non-oil tax revenues were 784 billion 390.3 million pesos, that is, 60 billion 099.8 million pesos more than those estimated in Federal Revenues Budget (“LIF”). Compared to the same quarter from last year, revenues grew 1.7% in real terms. Without considering the collection of the Production and Services Special Tax (IEPS) for gasoline and oil, non-oil tax revenues had an increase of 3.5% in real terms.
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º Income Tax (ISR) had a reduction of 1.0% in real terms compared to the same period during 2017; however, it reached 32 billion 869.8 million pesos more than the target included in LIF.
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º Value-Added Tax had a 11% growth in real terms compared to the previous year and exceeded the LIF’s target by 34 billion 100.8 million pesos.
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♦ The revenues managed by SAT reached 781 billion 444.4 million pesos, that is. 60 billlion 084.9 million pesos above that target included in LIF. Compared with the same period from last year grew, the revenues grew 1.7% in real terms.
Grupo Farías, Abogados Tributarios