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Gasoline Subsidies Hit IEPS Revenue; Falls 10.1% in April
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The fiscal incentives of the Claudia Sheinbaum government to the prices of gasoline, amid the global increase of oil due to the conflict in the Middle East, are already charging an invoice in public finances. Last April, the collection by the Special Tax on Prices and Services (IEPS) on gasoline and diesel was for 41,511 million pesos, a contraction of 10.1% at an annual real rate. Losses for this tax were 4,664 million pesos real compared to Ap…
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