The SAT reported that since 2022, a record amount of tax revenue has been collected without raising taxes. In the first eight months of 2024, the SAT collected 191 billion 506 million pesos, which represents an increase of 133% compared to the same period in 2018, when the fourth transformation began its functions. Tax revenue between January and August of this year, which concluded the administration of Andrés Manuel López Obrador's government, increased by 5.9% in real terms when compared...

The Tax Administration System (SAT) uses Artificial Intelligence (AI) to increase tax collection, prevent tax evasion, and classify taxpayers. In May, the tax authority reported that revenue in the first four months of 2024 reached 1 trillion 766,612 million pesos, an increase of 5.5% compared to the same period in 2023. The SAT (Mexican Tax Administration Service) modernized its technology and made its tax collection processes more efficient with the 2024 Master Plan. This plan integrates,...

Deputy Finance Minister Edgar Amador affirms that Mexico's GDP will grow by more than 1.3%, a figure predicted by the IMF and the World Bank. October 30, 2024 Officials from the Ministry of Finance and Public Credit said that Mexico's economy will grow by more than 1.3 percent, a figure predicted by analysts and described by the same agency as "pessimistic". They also mentioned that they have no indicators that would allow them to predict an economic contraction in the short and medium term....