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 […]
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[…]
Several news and information are spreading over the Internet about the scrutiny on credit cards enforced by the SAT (Mexican Tax Administration System) on the use of credit cards, which has raised doubts and set alarms amongst taxpayers. It is true that SAT announced that starting 2020 taxpayers could be issued an immediate invoice when paying with[…]