Los public revenue that are generated by taxes on the profits of companies in Mexico have grown significantly in recent years.
According to figures from SAT (Tax Administration Service), at the end of the third quarter of 2022, the treasury collected 831,000 million pesos for ISR from legal entities or companies.
This implied a year-on-year growth of 40% compared to the same period of the previous year.
Additionally, the ISR to company profits represented 47.3% of total tax collection, according to data from the Third Quarter Tax Management Report.
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