The Mexican tax authorities (“SAT”) recently published resolutions eliminating the obligation to file electronic accounting information for July through December 2014. The obligation will now begin in January 2015, meaning that the first filing due date will be March 3, 2015. In addition, the deadlines for taxpayers to begin providing electronic accounting were clarified as follows:
- Starting January 1, 2015 – Corporations and individuals with cumulative income during 2013 greater than MXN $4 million.
- Starting January 1, 2016 – Corporations and individuals with cumulative income during 2013 less than MXN $4 million.
Our information technology and international consulting teams are available to help you review options for compliance with these new requirements. Please do not hesitate to contact us if you have any questions or concerns.