Tips_Fiscales

TIP FISCAL No. 429

TAX REFORM BILL FOR 2022

On September 8, 2021, the Federal Executive submitted to the Mexican Congress, the Tax Reform Bill for fiscal year 2022, which does not include the creation of new taxes or the increase of taxes in effect; however, it defers and limits certain deductions for tax purposes.

The proposed Tax Reform Bill will be subject to discussion prior to its final approval by Congress; thus, it may be subject to adjustments or changes thereof.

Please find our comments regarding relevant changes under the proposed Tax Bill, which will come into effect as of January 1st, 2022.

INCOME TAX LAW

  • Back-to-back operations

There is a new assumption in order to determine the existence of back-to-back in financing transactions from which interests derive, when the agreements lack of a business reason or substance.

  • Business substance in corporate restructuring

When the tax authorities determine in a tax audit related to a corporate restructuring, in order to transfer shares at tax cost, that such operation lacks of a business reason or substance, the respective authorization granted thereof may cease to have tax effects, and such transfer of shares would have to be made at fair market value.

  • Interest withholding tax rate for foreign residents

The withholding tax rate of 4.9% applicable to interest payments made to nonresident parties from loan transactions will be limited under certain conditions.

  • Technical assistance provided through specialized services

The deduction of technical assistance and the transfer of technology may be allowed when the provider subcontract a third party who is registered with the Ministry of Labor in order to provide specialized services.

  • New tax requirements for the deduction of bad debts

To take the deduction of bad debts that exceed 30,000 UDIS, the filing of the lawsuit or claim will no longer be enough; for fiscal year 2022, the final judicial resolution must be obtained proving that the collection procedures have been exhausted, or in such case, the impossibility of executing the favorable judicial resolution. 

  • New rules for SOFOMES for complying with thin-cap rules

Non-regulated multi-purpose financial companies (SOFOMES) must comply with thin-cap rules when they carry out transactions predominantly with their domestic or nonresident related parties.

  • New elements included in the original amount of the investment

The expenses made for the physical location, installations, facilities, assembly, handling, delivery, and concepts related to the services hired for the investment to function, are included in order to determine the original amount of the investment or fixed asset, for depreciation purposes.

  • Tax losses

In the case of spin-offs, tax losses transferred may only be applied when both parties carry out the same business activities, which must be proved when the tax authorities verify such operation.

In cases of transfer of tax losses derived from mergers, new assumptions are included in order to consider that there is a change of partners or shareholders, with the purpose of limiting the application of said tax losses.

  • Sale of shares by foreign residents

When nonresidents sell shares or securities of a Mexican resident company to another nonresident, the Mexican company as issuer of the shares must report no later than the month following such sale transaction.

  • Regime of trust for companies

Legal entities whose income is up to 35 million Pesos, with only individuals as partners, must pay income tax taxes under a new trust regime with the following characteristics:

  • It is a cash flow basis regime;
  • Monthly provisional payments and the annual tax will be payable at the rate of 30% on the taxable profit;
  • Additional deductions over fixed assets may be applied.

 

  • Information return for transfer pricing purposes

The deadline for submitting the information return related to the local information (Local File), in addition to the transactions return with related parties must be filed no later than May 15 of the immediately following fiscal year.

  • Elimination of the “APA” for maquiladoras

The option for maquiladora companies to request an “advance transfer pricing agreement” (APA), as a methodology for complying with the obligations in this subject, is eliminated; for fiscal year 2022, maquiladoras will only comply with safe harbor rules.

VALUE ADDED TAX 

  • Non-taxed activities

Activities not subject to VAT (non-taxed activities) are defined as those that the taxpayer does not carry out physically in Mexican territory; including some activities where the taxpayer obtains income or compensation that does not generates VAT, for which expenses and investments are made with VAT incurred.

Accordingly, when taxpayers carry out only non-taxed activities, in addition to exempt activities, the input VAT paid by the taxpayers will not be credited.

  • Calculation of proportional input VAT

When the taxpayer carries out activities taxed at 16% or 0% rate, in addition to exempt activities and non-taxed activities, the latter must be included in the calculation of the proportional input VAT. 

  • Customs declaration in the name of the taxpayer 

For purposes of crediting input VAT paid on the importation of goods, it is required that the customs declaration must be in the name of the taxpayer or the importer who would be entitled to credit said input VAT.

  • Information on monthly operations of digital platforms 

Nonresident entities that provide services through digital platforms to recipients resident in Mexico must report information on their monthly operations no later than the 17th of the month immediately following the corresponding month, rather than on a quarterly basis.

  • Leasing of tangible goods in the country

For VAT purposes, the leasing of tangible assets is granted in Mexican territory when its use or temporary enjoyment is carried out in Mexico, regardless of the place of its physical delivery or the contract that gives rise to it.

TAX CODE OF THE FEDERATION

  • Mandatory tax report on financial statements

Companies that have declared income exceeding $ 876,171,996 and those that have shares placed or maintained in the stock market, in the last fiscal year, will be required to prepare a tax report on their financial statements, by a registered public accountant; such tax report must be submitted to the tax authorities no later than May 15 of the subsequent fiscal year.

  • Business reason for merger and spin-offs

When the tax authorities identify that in the case of a spin-offs or a merger, such operations lack of business reason or substance, the rules and tax consequences corresponding to the sale of assets will be applicable to such assets transferred through the merger or spin-off.

  • Use of the image as royalties 

The tax treatment for royalties will apply to the use or the right to use the image, considering such concept as a copyright on a literary, artistic or scientific work.

  • Joint and several liability 

Legal entities that do not submit information regarding the transfer or sale of shares carried out between foreign residents without a permanent establishment in Mexico will be considered jointly and severally liable.

  • Restrictions of digital stamps

There are new cases in which the tax authorities can restrict the use of digital stamps to the taxpayers, among others; when the value of the taxable activities declared does not match with the income or value of the activities indicated in the tax invoices, their payment complements or bank account statements.

  • Imposition of fines related to tax invoices

Taxpayers will be fined when the tax invoices issued by a third party are used to cover non-existent or simulated transactions.

  • Maximum term for Conclusive Agreements

The maximum period of a Conclusive Agreement is proposed to last twelve months counted from the date in which the appropriate application is filed.

  • New cases of tax fraud

The crime of tax fraud will be aggravated when it derives from the simulation of an employment relationship through the provision of independent professional services.

Contact us to achieve Optimal Results

¡ASESÓRATE!

Tips_Fiscales

VER TODOS

Tips_Fiscales

TIP FISCAL No. 440 APROBACIÓN DEL DICTAMEN SOBRE LA REFORMA FISCAL 2022

El día 20 de octubre de 2021, la Cámara de Diputados aprobó el Dictamen sobre la Reforma Fiscal 2022, el ...

Tips_Fiscales

TIP FISCAL No. 439 LEY DE INGRESOS DE LA FEDERACIÓN PARA 2022

El día 21 de octubre de 2021, la Cámara de Diputados aprobó la Ley de Ingresos de la Federación para ...

Tips_Fiscales

TIP FISCAL No. 438 CANCELACIÓN DEL CFDI SIN ACEPTACIÓN

Con fecha 19 de octubre de 2021, el SAT dio a conocer una cuarta versión anticipada de modificaciones a la ...

Tips_Fiscales

TIP COMERCIO EXTERIOR NO. 56 PROGRAMA PARA REGULARIZAR LA IMPORTACIÓN DE VEHÍCULOS ...

El lunes 18 de octubre de 2021 se publicó en la versión vespertina del Diario Oficial de la Federación (DOF), ...

Tips_Fiscales

TIP PLD No.33 REQUISITOS MÍNIMOS PARA CONTRATAR AUDITORES EN MATERIA DE PLD/FT

El día de hoy 18 de octubre de 2021, la Comisión Nacional Bancaria y de Valores (CNBV) público en el ...

Tips_Fiscales

TIP FISCAL No. 437 SOLICITUD EN DEVOLUCIÓN DEL REMANENTE DE SALDO A ...

Recientemente, se publicó la tesis aislada I.5o.A.2 A (11a.) emitida por un Tribunal Colegiado de Circuito, mediante la cual se ...

Tips_Fiscales

TIP FISCAL No. 436 ACREDITAMIENTO DE MATERIALIDAD DURANTE FACULTADES DE COMPROBACIÓN

Recientemente, se publicó la tesis aislada III.7o.a.51 a (10a.) emitida por un Tribunal Colegiado de Circuito, mediante la cual se ...

Tips_Fiscales

TIP PLD No. 32 LOS OFICIALES DE CUMPLIMIENTO, BAJO LA LUPA DE ...

El pasado 11 de octubre de 2021, la Comisión Nacional Bancaria y de Valores público en el portal SITI PLD/FT, ...

Tips_Fiscales

TIP FISCAL No. 435 ACUERDO SOBRE EL IMPUESTO MÍNIMO GLOBAL

El pasado 8 de octubre de 2021, 136 países (de la OCDE y del G20) firmaron un acuerdo multilateral con ...

Tips_Fiscales

TIP FISCAL No. 434 NUEVAS TASAS EFECTIVAS DEL ISR PARA GRANDES CONTRIBUYENTES

Con fecha 10 de octubre de 2021, el SAT dio a conocer una cuarta publicación de nuevas tasas efectivas del ...

Tips_Fiscales

TIP COMERCIO EXTERIOR NO. 55 SE DAN A CONOCER LAS EMPRESAS CANCELADAS ...

El pasado 8 de octubre de 2021 se publicó en el Diario Oficial de la Federación (DOF), el “Aviso por ...

Tips_Fiscales

TIP FISCAL No. 433 IMPACTO DE LA REFORMA FISCAL 2022 EN LAS ...

Con motivo de la Iniciativa de las Reformas Fiscales presentada por el Ejecutivo Federal al Congreso, misma que entrará en ...

Tú y GL, trabajando juntos.

No sé, piénsalo.

Conoce nuestras vacantes en nuestro
facebook de talento

VER MÁS

Hagamos equipo

¿Más información?
Escríbenos a la siguiente dirección: O déjanos tus datos en el siguiente enlace:
Contacto
Oficinas
OFICINA central
Av. Insurgentes sur No. 863 piso 10
Col. Nápoles, Del. Benito Juárez,
C.P. 03810 Ciudad de México
Teléfono
52 (55) 9000 1450 / 9000 9497
OFICINA Monterrey
Ricardo Margáin No. 335
Torre I, Piso 5-511
Col. Valle del Campestre, C.P. 66265
San Pedro Garza García, Nuevo León
Teléfono
52 (81) 8000 5766