How much money does Mexico lose due to tax evasion in a year

In 2015, tax evasion was detected for VAT and ISR and this amounted to almost illion pesos, which is equivalent to more than % of the country's Gross Domestic Product (GDP). Since , evasion has been the largest collection of the Tax Administration system (SAT). The rector of the University of the Americas Puebla (UDLAP) , Luis Ernesto Derbez, said that for every point of GDP that the SAT manages to raise more, there are million more pesos for the treasury. Overall, the rate went from percent to percent from 2004 to 2015, that is, it dropped points, Derbez Bautista noted. It is worth mentioning that the rate is obtained with a formula that calculates how much could be collected (maximum potential tax) and then the effective collection (taxes collected) is subtracted. According to the study "Tax evasion, value added tax and income tax ", published by UDLAP, two main reasons are identified why the evasion rate has decreased. The first of these was the 2014 tax reform , which modified changes to taxpayers' tax regimes.



The second, the adoption of new technologies by the SAT, which include automatic tax declaration as well as electronic invoices. Since the financial crisis that occurred in , VAT and ISR evasion in Mexico increased to of the country's GDP. In , the federal government created a tax reform that increased revenue and reduced Iceland Mobile Number List taxpayer evasion gaps.On his Twitter account, the president of the organization Enoch Castellanos pointed out that for Mexico to grow, a healthy economy is necessary. The resignation of the Secretary of the Treasury sends a very negative signal to the financial markets and businessmen. The current government seems to be losing confidence quickly and this is not something that can be recovered overnight, and the greatest damage could be suffered by the country itself. Urzúa is not the first high-caliber official that López Obrador has lost. His resignation is the third. The first was from Germán Martínez to the Mexican Social Security Institute (IMSS), precisely due to the budget reduction already mentioned; and the second was Josefa Blanco to the Ministry of Environment and Natural Resources, in a hard blow to sustainability.



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