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IEPS Drinks Price Hike: 87% Increase – El Financiero

Analysis⁢ of Mexico’s Proposed “Healthy Taxes” in the ⁤2026 Economic Package

this analysis details the proposed tax increases outlined in Mexico’s⁤ 2026 Economic Package, as presented by the ‍Ministry of Finance and Public⁢ Credit⁣ (SHCP).⁤ These taxes are framed as⁤ “healthy taxes” aimed at⁢ discouraging‍ consumption of products linked ​to health issues.

Key Proposed Tax​ Increases:

Soft‍ Drinks (Flavored Beverages): The SHCP⁢ proposes raising the Special ⁣Tax on Production and Services (IEPS) to 3.0818 pesos ⁢per ⁣liter. ⁣This ​represents ⁣an‌ 87.3% increase from the 1.6451 pesos per liter rate in 2025.This increase applies to all soft drinks, including those containing non-caloric sweeteners.
Tobacco‌ (Carved): The tax rate on carved tobacco will increase​ from 160% to ⁤200% of⁢ the value. A ‍gradual increase in​ specific fees is planned from 2026-2030, with the inclusion ⁢of new nicotine-containing products.
Tobacco (Handmade): The ⁤tax rate on handmade tobacco will increase by 32% of⁣ the value.
Digital Video Games (Violent Content): A new 8% tax will be applied to​ the provision of digital video game services with violent content. Betting Houses: The tax on the total amount‌ of bets or the amount actually ⁢perceived will ​increase from 30% ‌to 50%.

Data Summary: Soft Drink Tax Increase

| Year | IEPS Rate (Pesos/Liter) |‌ Percentage Change |
|—|—|—|
| 2025 ⁤| 1.6451 | – |
|‍ 2026 (Proposed) | 3.0818 | ‍+87.3% ⁤|

Rationale & Context:

The proposed taxes are⁣ justified by the SHCP due to high⁣ consumption rates of flavored beverages and the⁣ associated health problems. ⁣Specifically, 76.2% of the Mexican population ‍over 20 ‌years of age is overweight ‌or obese, leading to increased ​rates of:

⁤ ⁤Diabetes
‌ Cardiac Conditions
‍ Cancer
Osteoarthritis
Metabolic Disorders

Implications:

These tax increases are expected ‍to lead to:

higher prices for consumers ⁢on the⁢ affected products. Potential decrease in consumption of‌ these ⁣products, aligning with the “healthy tax” objective.
Increased revenue for the government, which can be allocated to healthcare or⁢ other public services.
Possible impact on industries ​related to these products (e.g., ⁤beverage manufacturers, gaming companies, ⁢betting‍ operators).

– ⁤robertmitchell

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