The News
The News
Thursday 26 of May 2022

Tax on soft drinks, cigarettes and gasoline will rise in 2022


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As of 2022, the price of soft drinks, cigarettes and gasoline will increase due to the update of the IEPS tax.

As of 2022, soft drinks, cigarettes and gasoline will be more expensive due to the Special Tax on Production and Services (IEPS).

According to the Official Gazette of the Federation (DOF), the rate of the Special Tax on Production and Services (IEPS) increased from 3.33 to 7.36 percent, according to inflation.

“The fees applicable to processed tobacco, automotive fuels, flavored beverages, fossil fuels and the fees applicable to gasoline and diesel destined for the states, will be updated annually and will come into force as of January 1 of each year. year,” he explained.

The Ministry of Finance and Public Credit (SHCP) announced this Thursday that the tax rates applicable to tobacco, automotive fuels, flavored beverages, fossil fuels, gasoline and diesel are updated.

The dependency detailed that the fee per cigarette applicable to carved tobacco, as of January 1, 2022, is 0.5484 pesos per unit from the 0.5108 pesos in force until December 31, 2021.

For flavored beverages, the IEPS fee from the first day of the new year is 1.3996 pesos per liter compared to 1.3036 pesos currently charged.

While the special tax rate for Magna-type gasoline, which consumers will pay, will rise from 5.1148 pesos to 5.4917 pesos per liter; for the Premium it will be 4.6375 pesos from 4.3192.