‘Half of Tobacco Will Be Illegal’: Industrialists Refuse Cigar Tax Increase · Global Voices
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3 Articles
CDMX.- The National Chamber of the Transformation Industry (Canacintra) warned that, if the increase to the Special Tax on Production and Services (IEPS) charged to cigars was approved in 2026, half of the purchases of this product will be transferred to the black market, with serious fiscal and public health impacts. In a statement, the industrial chamber recalled that today the illicit market represents 20% of total consumption, equivalent to …
MEXICO CITY.- The National Alliance of Small Traders (APEC) rejected the increase in IEPS proposed by the Economic Package 2026. Through a letter sent to the president of Mexico, Claudia Sheinbaum, they expressed their rejection of the increase to IEPS proposed by the Economic Package 2026, which contemplates an increase of 87% to IEPS in flavored beverages, the extension of this tax on calorie-free beverages, until now exempt, and a double incr…
Mexico City. The National Chamber of the Transformation Industry (Canacintra) warned this Tuesday that the Mexican government’s proposal to increase the Special Tax on Production and Services (IEPS) on tobacco by 2026 could have negative effects and boost the illegal market. In a statement, the industry warned that this increase in taxes, proposed in the 2026 Economic Package, will cause a minimum increase of 20 pesos (1 dollar) per box and coul…
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