Mexico’s tax administration reported a decline in income tax collections during the first eight months of the year, bringing in un billón 997 mil millones de pesos compared to 2 billones de pesos during the same period in 2025. The figures, released by the General Administration of Collection under the leadership of Gari Flores, point to ongoing strains in public revenue needed to fund federal spending and social programs.
Income Tax Collections Decline in 2026
Data from the tax authority shows that collections for the Impuesto Sobre la Renta (ISR) reached un billón 997 mil millones de pesos between January and August. This marks a downward shift from the 2 billones de pesos collected during the corresponding months of the previous year. The Secretariat of Finance is expected to address the revenue shortfall in its upcoming monthly public finance report.
OECD Report Highlights Teacher Workload and Funding Shortfalls
The Organisation for Economic Co-operation and Development (OECD), led by Secretary-General Mathias Cormann, is releasing its Education at a Glance 2026 report. The study evaluates teacher performance metrics, including time spent teaching, lesson preparation, and grading. Advance details from the Paris-based organization point to insufficient educational investment and a pronounced teacher shortage across Mexico. The findings place renewed focus on the Ministry of Public Education, headed by Mario Delgado.
KPMG Appoints New Managing Partner in Mexico
KPMG in Mexico is transitioning leadership as Celin Zorrilla takes over as the firm’s new managing partner and CEO. Zorrilla’s mandate focuses on accelerating innovation and expanding the firm’s reach among clients and stakeholders. Over the past four years, the audit, tax, and advisory network has invested approximately 320 millones de pesos in Mexico. This capital expenditure supports the implementation of artificial intelligence systems and the establishment of physical and virtual centers designed to transform business operating models.
Summary of Financial and Educational Updates
The convergence of tighter tax revenues, international education evaluations, and executive leadership shifts highlights a period of administrative transition across Mexican institutions.
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