Tax
Compliance
Services
Monthly Tax Compliance
a) Income Tax
Our work will include the following activities related to advanced monthly income payments.
•Analysis of the accounting information to prepare the working papers that correspond to each monthly payment.
•Review of the profit ratio to be used for the computation of the advanced payments.
•Prepare the working papers corresponding to the computation of the company advanced payments on a monthly basis.
•Prepare and file the advanced payments through the Mexican tax authorities’ (“SAT” per its acronym in Spanish) webpage.
b) Value Added Tax
Our work will include the following activities related to value added tax monthly payments:
•
Analysis and review of the accounting information to be used in preparing the working papers that correspond to the
Value Added Tax monthly payments.
•
Prepare the working papers that correspond to the computation of the monthly payments.
•
Prepare and file the monthly payments through the SAT‘s webpage.
•
Filing of the monthly informative returns regarding operations carried out with third parties (“DIOT” per its acronym
in Spanish).
I. Financial operations under Articles 20 and 21 of the Income Tax Law in force.
II. Transactions with related parties.
III. Equity and tax residence.
IV.Reorganization and restructuring.
V. Other relevant transactions (sale of intangible assets or financial assets, sale of property by merger or spin off, etc.).
d) Informative Return About the Tax Situation
Prepare and file the Informative Return About the Tax Situation (article 32-H of the Federal Fiscal Code) which must be filed by:
I. Taxpayers (legal entities), who in the immediately preceding fiscal year declared gross income for income tax purposes equal to or exceeding $644,599,005 as well as those who had shares placed among the general investing public in stock exchanges, through the closing of the immediately preceding year, and do not fall within any other provision of this article.
II. Commercial corporations that belong to the optional tax regime for groups of companies.
III. State-owned companies of the Federal Public Administration.
IV. Foreign resident legal entities with a permanent establishment in Mexico, only for the activities carried on in such establishments.
V. Any legal entity residing in Mexico, regarding transactions with foreign residents.
Annual Tax Compliance
Our work will include the following activities related to the
annual payments:
a) Income Tax Return
• Analysis and review of the accounting information to be used in preparing the working papers that correspond to the Income Tax Return.
• Prepare the working papers that correspond to the computation of the income tax of the year.
• Prepare and file the Income Tax Return payment through the SAT‘s webpage.
b) Multiple Informative Return
• Prepare and file all the exhibits of the Multiple Informative Return (“DIM” per its acronym in Spanish) that may be applicable.
c) Informative Return of Relevant Operations (“Forma 76”)
Prepare and file the Informative Return of Relevant Operations (“Forma 76”) which should be filed if any of this operations are carried out by the entities:
EY | Assurance | Tax | Transactions | Advisory
a
| Capital Confidence Barometer
Contact:
Ricardo Delgado
Tax Services Partner
+52 55 5283 1355
[email protected]
Guadalupe Ramos
Tax Services Executive Director
+52 55 5283 1426
[email protected]
Francisco Chabaud
International Tax Services Manager
+52 55 1101 6400 ext.1481
[email protected]