Mexico City. During the six-year term that is about to end, the Tax Administration Service (SAT) collected 3.5 billion pesos through audits and compliance promotion, which represented 2.3 billion pesos more than in the previous six-year term and a real growth of 120.2 percent, according to data as of August of this year. In a … Read more
Mexico City. From January to August 2024, tax revenues totaled 3 trillion 338 thousand 844 million pesos, which represented a real increase of 6.3 percent compared to the same period in 2023, reported the Tax Administration Service (SAT). The growth rate in tax collection from January to August was lower compared to the previous period … Read more
Mexico City. Financial authorities will grant tax incentives to institutions that issue debit and credit cards and to companies that provide digital payment infrastructure that participate during the next Buen Fin and whose systems help consumers win the draw held each year by the Tax Administration Service (SAT). The above was announced through the Official … Read more
The president of the Supreme Court of Justice of the Nation (SCJN), Norma Lucía Piña Hernández, admitted to process an appeal for review filed by Grupo Elektra against the Tax Administration Service (SAT), seeking that the highest court in the country declare various regulations unconstitutional and thereby avoid the payment of tax credits corresponding to … Read more
The president of the Supreme Court of Justice of the Nation (SCJN), Norma Lucía Piña Hernández, admitted to process an appeal for review filed by Grupo Elektra against the Tax Administration Service (SAT), seeking that the highest court in the country declare various regulations unconstitutional and thereby avoid the payment of tax credits corresponding to … Read more
Mexico City. This administration increased tax collection by more than 6 billion pesos by eliminating tax privileges, said the head of the Tax Administration Service (SAT), Antonio Martínez Dagnino, when reporting on the work that has been done in the agency, especially through the inspection and promotion processes so that taxpayers comply with their obligations. … Read more
Mexico City. The Tax Administration Service (SAT) has almost tripled its revenue from audits of taxpayers of all sizes. It went from collecting 1.2 billion pesos from audits and other compliance promotion activities between 2012 and 20218, to 3.4 billion pesos during the current administration. In a statement, the agency said that the increase in … Read more
Mexico Metropolis. Rising the variety of tax audits carried out by the Treasury Division has resulted in a considerable enhance within the assortment of sources throughout this administration, which have elevated from 1.2 trillion pesos between 2013 and 2018 to three.3 trillion pesos throughout this six-year time period, President Andrés Manuel López Obrador reported. Subsequently, … Read more
Mexico Metropolis. Though there may be nonetheless a protracted technique to go, as a result of there may be resistance from those that refuse to pay taxes, a lot progress has been made in correcting tax evasion, which yearly yields between 200 and 300 billion pesos in additional revenue, half of the pension finances for … Read more
Mexico Metropolis. The Second Chamber of the Supreme Court docket of Justice of the Nation (SCJN) on Wednesday refused to research the deserves of an enchantment whether or not the Tax Administration Service (SAT) ought to or mustn’t withhold the Worth Added Tax (VAT) on transactions involving “merchandise returned nearly overseas.” With three votes to … Read more