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    "headline": "Mexico President Denies Alcohol and Tobacco Tax Hike",
    "dek": "President Claudia Sheinbaum denied plans to raise the IEPS tax on alcohol and tobacco ahead of the 2027 fiscal package.",
    "prose": "Mexican President Claudia Sheinbaum denied on 2026-06-25 that the Impuesto Especial a Producción y Servicios (IEPS) on alcoholic beverages and cigarettes would be increased in the upcoming 2027 Economic and Fiscal Package. [^1]\n\nThe IRS warns that US taxpayers who fail to file tax returns or pay tax debts may face asset seizures and criminal prosecution. [^2]\n\nPresident Sheinbaum stated that the administration is implementing traceability measures for the IEPS tax on fuels to combat fuel theft known as huachicol. [^3]\n\nTaxpayers can be levied if they ignore letters and notices sent by the IRS via postal mail regarding a tax debt. [^4]\n\nThe IRS defines a levy as the legal seizure of a person's property to cover a tax debt. [^5]\n\nThe IRS will proceed with levies using the Automated Collection System (ACS) if a taxpayer ignores notices, including the Final Notice of Intent to Levy. [^6]\n\nPresident Sheinbaum clarified that the fuel tax measure is not a new tax but utilizes the existing IEPS rate to fight tax evasion. [^7]\n\nThe proposed traceability measure requires the Servicio de Administración Tributaria (SAT) to adapt its systems, meaning the implementation will not be immediate. [^8]",
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