MEXICO: SAT Releases New Versions of the CFDI Catalogs for Versions 3.3 and 4.0
A new version of the catalogs for the CFDI Version 3.3 and version 4.0 of the CFDI has been released by the SAT. The updated
Region: Mexico
MEXICO: Online validator of Federal Taxpayer Registration (Registro Federal de Contribuyentes – RFC)
The Tax Administration Service (SAT) makes available an online validator in order to verify whether the RFC is valid and able to receive CFDI. The
MEXICO: Mandatory use of CFDI 4.0 from July 1, 2022
On February 18, 2022, the Tax Administration Service (SAT) enacted the Second Resolution of Modifications to the Miscellaneous Fiscal Resolution for 2022. According to this
MEXICO: SAT to Postpone the Effective Date of Mandatory CFDI 4.0 to 1 July 2022
The Tax Administration Service (SAT) has recently published the Second Resolution of Modifications to the Miscellaneous Fiscal Resolution for 2022, effectively postponing the entry into
Value Added Tax
Mexico: Carta Porte 2.0
On 1 May 2021, the Mexican tax administration (SAT) enacted a new requirement via the new Bill of Lading Supplement (locally known as Complemento de Carta
Mexico: SAT Officially Postpones the Mandatory Use of the Supplement of Carta Porte
The Mexican tax administration (SAT) has published a new version of the Third Resolution of Modifications to the Miscellaneous Fiscal Resolution for 2021. In that
News
G20 Ministers Agree to Move Forward with Global Tax Reform Deal
In the “Statement on a Two-Pillar Solution to Address the Tax Challenges Arising From the Digitalization of the Economy” issued on 1 July 2021, members
Jornadas Virtuales ASUG Mexico | Sep 8-9 | Virtual
Sovos is sponsoring ASUG Mexico’ Jornadas Virtuales. Please join us at our keynote session on Sep. 8 – 9:20 am CST and make sure you
Value Added Tax
What You Need to Know About the Fintech Ecosystem in Mexico
While many Latin American countries have begun to implement taxation on digital services, Mexico is currently leading the charge and has established a strong track
Mexico E-Invoicing
Electronic invoicing in Mexico Mexico has one of the most complex electronic invoicing systems in Latin America. Its scheme, Comprobante Fiscal Digital por Internet (or
Value Added Tax
Understanding Mexico’s Carta Porte Supplement
Update: 25 October 2023 by Maria del Carmen Mexico releases Carta Porte Version 3.0 On 25 September 2023, the Tax Authority in Mexico (SAT) published
Electronic Invoicing
EESPA Standard: E-Invoicing Compliance Definitions and Responsibility Allocation Framework
EESPA, the European E-invoicing Service Providers Association, recently published EESPA Standard Definitions for Legally Compliant Electronic Invoicing and their usage. This document aims to provide
Value Added Tax
Understanding Mexico’s Miscellaneous Fiscal Resolution for 2021 and its Modifications (Part II)
Mexico’s Miscellaneous Fiscal Resolution (MFR) for 2021 includes a number of changes, the first of which you can read about in our previous blog on
Value Added Tax
Understanding Mexico’s Miscellaneous Fiscal Resolution for 2021 and its Modifications (Part I)
Mexico introduced changes to the Miscellaneous Fiscal Resolution (MFR) this year. The Miscellaneous Fiscal Resolution is a group of regulations issued by the Mexican tax
Electronic Invoicing
SAPINSIDER: Why a Global Tax Compliance Strategy is a Critical Component to Your SAP S/4HANA Migration Plans
When considering or planning a migration path to SAP S/4HANA, organizations need to cover all aspects of their tax engine and processes. When moving toward
Mexico Expands the Reduced VAT Rate to its Southern Border
On December 31, 2020, Mexico published a new decree by which it expands a number of fiscal benefits to 22 municipalities located in the southern
Electronic Invoicing
ASUG Webinar: SAP and Mexico: 3 E-Invoicing Issues that Must Be Accounted For
Every aspect of Mexico e-invoicing is complex and the SAT has visibility into all of your transactions. Running spreadsheets for pagos and e-accounting is no
Value Added Tax
Digital Services: The next battleground for VAT
Countries in Latin America and Europe are now amending VAT legislation to ensure that sales of digital goods and services are taxed and a whiplash