Soft drinks, cigarettes and gasoline will be more expensive in 2022 due to an increase in taxes

December 23, 2021

(Photo: EFE / Welcome Velasco)

This December 23, the Ministry of Finance and Public Credit (SHCP) published in the Official Gazette of the Federation (DOF) that for next year the quotas in terms of the Special Tax on Production (IEPS) will be increased for some products and fuels , including soft drinks, cigarettes, gasoline and diesel.

In this way, the IEPS fee to be paid for the previously mentioned inputs will be 7.36%; while for 2021 it was 3.31%. As indicated by the Treasury, this update arose after the Income Law was discussed, in which it was proposed that this type of taxes would rise according to the percentage of inflation, which is expected to be 7.66% at the end of 2021.

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Reference-www.infobae.com