During the first two months of 2025, the Tax Administration Service (SAT) reported a significant achievement in tax collection. It reached 948 billion 983 million pesos, surpassing the programmed goal in the Revenue Law for the period by 33 billion 974 million pesos. This represents a compliance of 103.7% of the target projected by the Treasury until February 2025, exceeding the estimate of 915 billion 9.7 million pesos.
The taxes collected in the first two months of the year show a significant increase of 109 billion 639 million pesos compared to the same period in 2024, which means a real growth of 9.1%, according to SAT.
In detail, 508 billion 432 million pesos were collected from income tax (ISR), surpassing the projection of 494 billion 631.8 million for the two-month period. This result reflects a recovery in ISR collection, with an increase of 48 billion 596 million pesos more compared to the previous year and a real increase of 6.7%.
On the other hand, the value-added tax (VAT) generated 281 billion 193 million pesos, greatly exceeding the Treasury's projection of 253 billion 931.9 million pesos. This increase of 51 billion 120 million pesos represents a 17.9% real increase compared to the first two months of the previous year.
James Salazar, deputy director of analysis at CI Banco, noted that the VAT result could be due to a forward movement of foreign trade operations in light of uncertainty over potential tariffs in the United States.
Regarding the collection of the special tax on production and services (IEPS), revenues reached 119 billion 311 million pesos, which represents 4 billion 146 million more in nominal terms compared to the first two months of 2024.
To continue strengthening tax collection, SAT recalled the implementation of the Master Plan 2025, which focuses on three axes: taxpayer assistance, support for compliant taxpayers, and enforcement against evasion and smuggling.
