The analysis of the draft decrees that make up the Economic Package for Fiscal Year 2026 will be the central focus of the Senate of the Republic’s agenda this week, as announced by the Senate president, Laura Itzel Castillo Juárez.
In a message shared on social media, the legislator detailed that the corresponding minutes related to the Federal Tax Code, the Federal Rights Law, and the Special Tax on Production and Services Law (IEPS) were recently sent by the Chamber of Deputies and directed to the committees on Finance and Credit Public and Legislative Studies.
The minutes’ analysis addresses key aspects of the country’s fiscal policy. The discussions will outline the path for federal government revenue and expenditures for 2026, in line with the Treasury Department’s plans.
The senator emphasized that the analysis and eventual approval of these minutes will take place in the coming days, highlighting that the Economic Package 2026 has a strong social orientation and is designed to guarantee support for families in vulnerable situations.
Earlier this month with 351 votes in favour, 129 against, and one abstention, the Chamber of Deputies approved in general the bill that reforms, adds, and repeals various provisions of the Special Tax on Production and Services Law.
The reform seeks to adjust the tax payment for the sale and importation, as applicable, of: manufactured tobacco and other nicotine-containing products; beverages with added sweeteners; gambling and lottery activities, including those conducted electronically; and video games with violent, extreme, or adult content, unsuitable for minors. The objective is to make these products less affordable and discourage tobacco use, supporting public health policies. The quota will also rise for sugary drinks.
The bill also modifies the tax rate for gambling and lotteries from 30 per cent to 50 per cent, including a 50 per cent tax for online gambling and lotteries conducted through electronic media or platforms on both domestic and foreign operators.
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The analysis of the draft decrees that make up the Economic Package for Fiscal Year 2026 will be the central focus of the Senate of the Republic’s agenda this week, as announced by the Senate president, Laura Itzel Castillo Juárez. In a message shared on social media, the legislator detailed that the corresponding minutes related…
The post Mexican Senate to debate increased gambling taxes this week appeared first on G3 Newswire.