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Mexican deputies pass 2027 Revenue Law, expand program to settle tax debts without fines or surcharges

The bill now goes to the Senate, which has until Oct. 31. Taxpayers who use the program would have to pay their debt in a single payment before Jan. 1, 2028.

Mexico's Chamber of Deputies in session voting on the 2027 Revenue Law

Mexico's Chamber of Deputies approved the 2027 Federal Revenue Law early Thursday, Oct. 15. The law expands a program that lets taxpayers with outstanding tax debts settle up without paying fines or surcharges. The bill was sent to the Senate, which has until Oct. 31 to review it and vote, according to the Congressional Channel (Canal del Congreso).

The law passed in general by 331 votes to 118, and in its specific articles by 340 to 109.

What changes with the tax amnesty-style program

During the article-by-article debate, the floor accepted an amendment from Ricardo Monreal Ávila, who leads the Morena caucus, changing Transitory Article 21. According to the Congressional Channel, the measure expands a program in place since 2025 and aims to reach 3 to 4 million individuals and companies, including about 16,000 large taxpayers.

The deputies approved three conditions:

  • File any outstanding tax returns.
  • Pay the debt in a single payment before Jan. 1, 2028.
  • Drop any challenge to the tax assessments, or withdraw legal appeals already filed.

Opposition lawmakers voted against the package and questioned the borrowing level and how far the benefit reaches large taxpayers. The majority defended it as a way to recover revenue and reduce litigation.

The numbers

Under the approved law, the federal government expects 10.636 trillion pesos in revenue in 2027, a 1.1% real increase over 2026. Taxes would bring in 6.264 trillion pesos, and net domestic borrowing of 1.7 trillion pesos is authorized.

The package assumes an exchange rate of 17.9 pesos per dollar, oil at $61.8 a barrel, output of 1.8 million barrels a day and economic growth of 1.5% to 2.5%.

What it means for you in Cancún

Cancún has many small businesses and self-employed people in tourism, retail and services, from vacation rental hosts to clinics and offices. Anyone with a debt to the SAT, Mexico's tax authority, could save the fines and surcharges, which over time can grow far larger than the original tax. Keep these points in mind:

  1. It is not in effect yet. The Senate must approve it first, and then it must be published in the Official Gazette (DOF). The SAT would announce the operating rules.
  2. Check your status now. On the SAT portal (sat.gob.mx) you can check your compliance opinion and any debts using your RFC and password or e.firma.
  3. Watch out for pending cases. If you are in a tax dispute, you would have to drop it to qualify. Before you decide, talk to your accountant or get free advice from the Taxpayer Advocate's Office (Prodecon).
  4. It is a one-time payment. As approved, installments would not be allowed: the debt would have to be paid in full before 2028.

This law is separate from the 2027 Federal Fees Law, also passed by the deputies this week, which sets the fee for non-resident foreign tourists.

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