Business · Energy & Commodities · 2 hrs ago
Mexico cuts fuel tax support for Magna and ends it for Premium
Mexico’s Finance Ministry raised fuel tax charges for the holiday weekend.
The change leaves a tax discount of just 0.02 pesos per litre for Magna gasoline, putting its tax charge close to the annual maximum of 6.70 pesos.
Premium gasoline loses its tax discount, and its charge rises from 4.27 to 5.66 pesos per litre, the maximum for this year.
Diesel keeps a 100% tax stimulus for a tenth consecutive week, so the 7.36-peso-per-litre tax will not be charged; it also receives an additional 0.04-peso stimulus.
The ministry adjusts fuel taxes weekly to limit sudden price increases when international fuel prices rise.
These changes can also affect overall inflation, while future tax adjustments will depend on international prices.
Mexico’s Finance Ministry cut the tax support for Magna gasoline to 0.02 pesos per litre and ended it for Premium gasoline.
The IEPS tax charge for Premium rose to 5.66 pesos per litre, the maximum allowed for the fuel this year.
The tax charge for Magna is close to its yearly maximum of 6.70 pesos per litre.
Diesel continued to receive a 100% tax stimulus for a tenth consecutive week, keeping its IEPS charge at zero.
The ministry adjusts fuel tax charges weekly to help prevent sharp price rises when international prices increase.
- Who
- Mexico’s Finance Ministry, headed by Édgar Amador Zamora.
- What
- It reduced the tax stimulus for Magna to 0.02 pesos per litre and removed it for Premium. Diesel retained a 100% stimulus.
- When
- The article was published on November 13, 2026. It says the new Premium charge applies after the previous 4.27-peso rate in effect through Friday.
- Where
- Mexico.
- Why
- The ministry says fuel tax adjustments can help prevent sharp pump-price increases when international market prices rise.
This story does not have two clearly opposing sides.
The IEPS charge for Premium was 4.27 pesos per litre.
The article reported that the Premium charge had risen to 5.66 pesos per litre and that the Magna stimulus was 0.02 pesos per litre.
- Magna stimulus
- 0.02 pesos per litre
- Magna IEPS maximum this year
- 6.70 pesos per litre
- Premium IEPS charge
- 5.66 pesos per litre
- Previous Premium IEPS charge
- 4.27 pesos per litre
- Diesel tax stimulus
- 100% for a tenth consecutive week
- Diesel total support
- 7.41 pesos per litre