APPLICABLE REFORMS IN PAYROLL ADMINISTRATION BY 2023

Dear clients and friends: The objective of this is to inform you of some of the most relevant changes for 2023 in the administration of payroll for companies in labor matters, social security and the determination of the withholding of the ISR to workers, which we mention below:

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PENALTIES FOR THE ISSUANCE OF CFDI WITH ERRORS (VERSION 4.0) AND EXTENSION FOR MANDATORY USE OF SAID VERSION.

The purpose of this bulletin is to provide you with information regarding some of the tax provisions applicable for 2022, specifically, on the penalties for issuing the Digital Tax Invoice by Internet (CFDI) with errors for version 4.0, and in relation to the extension for its mandatory use.

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MAXIMUM AMOUNT OF CASH THAT MAY BE DEPOSITED OR RECEIVED BY INDIVIDUALS AND CORPORATIONS IN THEIR BANK ACCOUNT

The purpose of this bulletin is to provide you with information regarding some of the tax provisions applicable for 2022, specifically, a reminder about the maximum amount of cash that can be deposited or received in the bank account of individuals and corporations in Mexico.

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REQUIREMENTS FOR THE DEDUCTION OF SPECIALIZED SERVICES

Due to the reform of the Federal Labor Law (LFT), as well as changes in the Income Tax Law (LISR), the Value Added Tax Law (LIVA) and the Tax Code of the Federation (CFF), among other regulations, when a taxpayer hires providers that offer specialized services, it will be necessary to take into account some requirements that must be met to support their deduction for income tax purposes (ISR) and the accreditation of the corresponding value added tax (IVA).

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MANDATORY TAX INBOX

For taxpayers who belong to the Simplified Trust Regime (RESICO), in accordance with article 113-G section II of the Income Tax Law (LISR) and who have not registered and confirmed means of contact to enable their tax inbox, or they have only indicated a single means of contact, they must register or update their means of contact, adding, where appropriate, the one they need, no later than June 30, 2022, this, based on the procedure sheet 245/ CFF of Annex 1-A of the Miscellaneous Tax Resolution (RMF) for 2022.

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CHANGES TO THE PAYROLL CFDI (ELECTRONIC INVOICES)

With the entry into force of the new version of CFDI 4.0, as of January 1, 2022, some changes were integrated in the payroll complement version 1.2 with revision "C", likewise, originally there was a period of coexistence with version 3.3 of the CFDI from January 1 to April 30, 2022, however, on March 9, 2022, the Second Resolution of Modifications to the Miscellaneous Tax Resolution (RMF) for 2022 was published in the official gazette, in which 2 more months will be granted for the transition period of said CFDI 4.0, being mandatory as of July 1, 2022.

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