Mexico: Various direct and indirect tax amendments; new tax benefits in Yucatán

Changes affect taxation of banks and insurance companies, as well as digital tax receipts (CFDI)

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November 14, 2025

Amendments to various tax provisions—including the Federal Revenue Law (LIF), the Federal Tax Code (CFF), and the Law on the Special Tax on Production and Services (LIEPS)—were published in the official gazette on November 7, 2025.

The amendments affect the taxation of:

  • Banks and insurance companies
  • Tobacco products and flavored beverages with added sugars or sweeteners
  • Online gambling and raffles offered from abroad and certain video games

The amendments also include changes affecting digital tax receipts (CFDI), audit powers, and legal remedies.

Read a November 2025 report (Spanish) prepared by the KPMG member firm in Mexico

In addition, Decree 119/2025 (published in the official gazette of the State of Yucatán on October 30, 2025) grants various benefits relating to state taxes and administrative fines to individuals, corporations, and economic units.

Agreement AAFY 006/2025 (published by the Tax Administration Agency of Yucatán (AAFY) on November 11, 2025) sets out the rules for applying for the benefits granted.

Both Decree 119/2025 and Agreement AAFY 006/2025 became effective on November 13, 2025, and will be valid until November 28, 2025.

Read a November 2025 report (Spanish) prepared by the KPMG member firm in Mexico

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