The Importance of Compliance in Vulnerable Activities under Anti-Money Law
At Tax Art, we recognize the importance of aligning with fiscal and legal regulations, especially in critical areas such as vulnerable activities governed by the Federal Law for the Prevention and Identification of Transactions with Illicit Proceeds (LFPIORPI). On November 1, 2024, the Mexican Tax Administration Service (SAT) issued a significant announcement (060/2024), revealing that […]
Deadline for Filing Liquidation Declarations for Corporations: January 17
In the realm of taxation, it is crucial for corporations currently operating under the general tax regime and undergoing the liquidation process to stay informed about the deadlines set by tax authorities. In this context, it is imperative to remember that the final date to submit the declaration for the fiscal year 2023 or earlier […]
Deductibility of Payments to REFIPRES.
Deductibility of Payments to REFIPRES: Jurisprudence on Section XXIII of Article 28 of the Mexican Income Tax Law Section XXIII of Article 28 of the Mexican Income Tax Law is a crucial pillar in regulating the deduction of payments to related parties and structured agreements. Its purpose is to prevent tax evasion and avoidance practices […]
Leasing Residential Property.
What is residential property leasing? Leasing residential property refers to the act of granting the use of real estate for temporary residential purposes. Leasing residential property is a popular option in Mexico, whether you are looking to rent out your house or rent a house. Tax Treatment in Mexico: Receiving income from leasing real estate […]
SCJN Declares Unconstitutionality in Specialized Outsourcing
In a landmark decision, the Second Chamber of the Supreme Court of Justice of the Nation (SCJN) has ruled the unconstitutionality of the requirement imposed on companies seeking registration in the REPSE, which obligated them to demonstrate the specialized nature of the services they provide. This requirement, established by the Ministry of Labor through regulations, […]
Vulnerable Activities in Mexico
Vulnerable activities in Mexico refer to economic operations that, due to their characteristics and nature, may be susceptible to being used to introduce resources of illicit origin. This income, either directly or as part of the money laundering process, aims to conceal the existence, origin, or use of resources generated through illicit activities to integrate […]
Update on Rates and Fees of the Special Tax on Production and Services for 2024
On December 22, 2023, the Official Gazette of the Federation (DOF) disclosed the revised rates and fees of the Special Tax on Production and Services (IEPS) for the year 2024. This revision encompasses a range of products specified in Article 2, Section I, sub-paragraphs C), second paragraph; D), G), second paragraph and H), and Article […]
Publication of the Federal Tax Miscellaneous Resolution (RMF) 2024: Significant Changes.
On December 29, 2023, the Official Gazette of the Federation (DOF) announced the publication of the Federal Tax Miscellaneous Resolution (RMF) 2024, a crucial document detailing the rules and modifications established by the Mexican tax authority concerning taxes, benefits, improvement contributions, as well as federal products and rights. Here, we highlight the most relevant changes […]
Reforma en Materia Corporativa para Sociedades Mercantiles en México.
El panorama fiscal y corporativo en México ha experimentado un cambio significativo con la reciente reforma a la Ley General de Sociedades Mercantiles, publicada el 20 de octubre de 2023 en el Diario Oficial de la Federación. Esta enmienda tiene como objetivo principal la integración de los “Medios Electrónicos o Medios Ópticos” en las Asambleas […]
