The Mexican Tax Authority (SAT) has published on May 12th the First Amending Resolution to the General Tax Ruling 2020 (“Resolución Miscelánea Fiscal 2020” -RMF 2020) in the Mexican Gazette (DOF).
This Resolution confirms that VAT on digital services will be due on the 17th of the following month of the month subject to tax as it is in the general Mexican VAT regime. It also announces that soon it will be released on their portal the ‘VAT on digital service return guidelines’ (“Guía de llenado de la declaración”), and confirms that the filing will be online and it will require a e-signature (“e.firma”).
Furthermore, the mentioned Resolution has determined a procedure to control and prevent irregularities while issuing electronic invoices (“Comprobantes Fiscales Digitales por Internet” -CFDI) .
Finally, the First Amending Resolution has suspended legal terms concerning some specific procedures and tax collection which do not include neither VAT on digital services registration nor its payment.
Source credit – Agustin Mario Trevisiol – Global VAT Compliance B.V.
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