SAT responds to OECD on tax collection

Mexico is collecting taxes equivalent to 24.5% of the size of its economy, a level similar to that of Switzerland and Costa Rica, the Tax Administration Service (SAT) said.

Commenting on the report “Revenue Statistics, 2023” by the Organization for Economic Cooperation and Development (OECD), whose update mentions that our country collects 16.9% of the Gross Domestic Product (GDP), he pointed out that the complete information for each country must be considered.

He said that in Mexico there are revenues that are classified as non-tax, which include those derived from oil and state-owned productive companies, which represented 7.6 percentage points of GDP during 2022.

The above means that the budgetary resources are obtained from tax revenues collected by the SAT and non-tax revenues contributed by Petróleos Mexicanos (Pemex) and the Federal Electricity Commission (CFE), so when added together they give a net income that represented 24.5% of the GDP, he explained.

He also stressed that during the current administration, 5.3 billion pesos more have entered the federal government’s coffers via taxes from the tax system.