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By Karin Dilge - Tue, 05/30/2023 - 06:36
The NOC paid an 8% increase in the Special Tax on Production and Services (IEPS).
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Fri, 12/09/2022 - 10:52
Low-consumption gas stations only need two weeks of development and the storage tanks do not have to be underground.
https://mexicobusiness.news/tag/ieps
More Oil & Gas
By Anmol Motwani - Mon, 05/08/2023 - 15:41
The Mexican Treasury removed a fiscal stimulus on Premium gasoline and reduced the stimulus on Magna and diesel.
By Perla Velasco - Fri, 03/03/2023 - 16:00
As the SHCP reports low income from IEPS collection, PEMEX reports losses from its refining business.
By Perla Velasco - Thu, 02/16/2023 - 18:00
SHCP has used up its IEPS subsidy reserves to contain rising fuel costs amid pressure from high interest rates.
By Perla Velasco - Mon, 12/19/2022 - 10:42
Toward the end of the year, oil prices gradually decreased, and subsidies have been cut gradually.
By Perla Velasco - Thu, 12/08/2022 - 10:11
While TotalEnergies abandoned the management of various gas stations, according to ONEXPO, these changes are signs of a freer market.
By Perla Velasco - Fri, 12/02/2022 - 16:26
This is the seventh consecutive month that the IEPS reports a negative balance. IEPS collection has amounted to a loss of MX$88.59 billion in 2022.
By Perla Velasco - Fri, 11/11/2022 - 11:06
The subsidies for Magna and Premium gasoline decreased to 89.92 percent. Diesel subsidies stay at 100 percent.
By Perla Velasco - Fri, 10/21/2022 - 08:38
Deputy Minister of Finance highlighted the risk of a dip in oil prices in 2023 but ensured Mexico is shielded from its effects.
By Perla Velasco - Fri, 10/14/2022 - 16:24
The government announces tax subsidies for gasoline of 100 percent.
