Breaking News: Mexico SAT Mandates CFDI 3.3 for 2017

December 9, 2016

Steve Sprague

Author

Sovos

This blog was last updated on August 4, 2021

Organizations will have until July 1, 2017 to go live.

The much anticipated CFDI v.3.3 has finally been mandated by the Mexico SAT. This is one of the biggest changes to the CFDI schema since 2011. Versions 3.2 and 3.3 will apply simultaneously during the first half of 2017.

Some of the new validations for CFDI v.3.3 will include the following:

23 new catalogs
time zones with respect to the place of issuance
transferred and retained tax according to catalogs
changes to payment type
use of different currencies other than pesos

Please click the following link to the SAT website for more details on the legislation: http://www.sat.gob.mx/informacion_fiscal/factura_electronica/Paginas/Anexo_20_version3.3.aspx

With this new version in place, the fiscal authority in Mexico will be able to collect more accurate transactional information and at the same time improve the quality of the data being collected.

Please listen to webinar replay to learn more about these upcoming changes during. Listen to webinar replay or contact us to understand how these changes may impact your organization.

Steve Sprague

Como director comercial, Steve Sprague dirige la estrategia corporativa, las iniciativas de penetración de mercado y de field enablement para el negocio del impuesto sobre el valor añadido global (GVAT) de la empresa. El estilo de liderazgo de Steve se basa en su convicción de que, para que las organizaciones tengan éxito, deben comprometerse e invertir en los tres pilares estratégicos de la empresa: las personas, las prácticas y los productos.

Stay up to date with the latest tax and compliance updates that may impact your business.