Mexico Gazettes Decree on Federal Revenue Law 2026

The Mexican Official Gazette Nov. 7 published a decree on the Federal Revenue Law for 2026. The law includes measures: 1) maintaining the existing tax framework for VAT and the special tax on production and services; 2) imposing monthly surcharge rates for tax credit extensions and installment payments, of 1.42 percent, 1.63 percent, and 1.97 percent, depending on the term; 3) granting tax incentives for diesel and biodiesel use, toll payments, non-combustion fossil inputs, small-scale mining, and publishing; 4) setting a 0.90 percent annual withholding tax rate for interest and a 2.5 percent income tax (ISR) withholding rate for digital ...