2021 Fiscal Reform

2021 FISCAL REFORM   On December 8th, 2020, the Decree reforming, adding, or abrogating certain provisions of the Income Tax Law (ITL), Value Added Tax Law (VATL) and the Federation Fiscal Code (FFC) were published in the Official Journal of the Federation. The main objective of the tax reform is to expand the rights of the tax authorities, including new control measures related to[…]



New Obligations for Donataries Receiving COVID-19 Donations

The tax authority at the federal level publishes rule 3.10.32 which is aimed at: Recipient civil organizations to receive deductible donations Receiving trusts to receive deductible donations whose corresponding corporate purpose or authorized purpose: Medical assistance, rehabilitation are authorized to financially support another civil organization or authorized trust. Two main obligations are stipulated in this rule: 1)[…]



Internal Control in Companies

In Mexico, the life expectancy of businesses depends on the size of the company, according to INEGI, companies with an average of 0 to 2 workers die before the seventh year, while companies with 11 to 15 workers last. up to 15 years. Why? This is mostly because companies that are staffed or are larger, invest in[…]



COVID-19 Also Affects the CFDI

The COVID-19 pandemic has hit humanity in different ways, since it has not only made our disease sick, but also our economy severely. On June 19, through the SAT page, we learned that this unfortunate disease has reached the CFDI since the authority issues rule 3.10.32 indicating that civil organizations and trusts authorized to receive deductible donations,[…]



Update of the Information of Partners and Shareholders before the SAT

The partners and shareholders are required to register with the RFC and provide related information with your identity, address, tax address, telephone, email and request the advanced electronic signature certificate for the creation of a moral person in Mexico. Although the previous ones are obligations of partners and shareholders legal entities should record in the partners and[…]



Settlement or Liquidation

Unfortunately, the Mexican labor laws protect the worker excessively and the employer must prevent himself using the elements that the law gives him to defend himself if any worker acts unethically or is ill-advised and seeks to harm him through an erroneous application. of the laws. It’s a key piece that when a worker is hired, an[…]



Authorized Donors

Guidelines to follow in the Mexican State Moral people who have the purpose of carrying out altruistic activities in order to contribute their grain of sand to the general well-being of individuals that live in Mexican territory, are considered to reside within the field of those that do not have a lucrative purpose. In other words, the[…]