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groceries tax

by ZihuaRob ⌂ @, Zihuatanejo, México, Wednesday, January 18, 2023, 09:08 (21 days ago) @ rojo

I understand the 16% IVA tax on goods but when was the IEPS 8% added to our food purchases

It's existed since 1980 under Presidente López Portillo. The Impuesto Especial sobre Producción y Servicios (IEPS) is the tax paid for the importation of gasolines, alcohol, beer, flavored drinks, tobaccos and foods with high caloric content. It was just raised almost 8% on Jan. 1.

https://www.eleconomista.com.mx/economia/Hacienda-actualiza-al-alza-cuotas-de-IEPS-a-gasolinas-refrescos-y-cigarros-por-inflacion-20221228-0052.html


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