Tax News No 10 – April 2021
On April 22, 2021, the Tax Administration Service (SAT) released through its website the sixth provisional version of the First Resolution of Amendments to the Miscellaneous Tax Resolution for 2021, through which various rules are amended, added and repealed.
Among the modifications observed in the version in question, the following rule stands out:
Annual ISR payment in installments 2020
Rule 3.17.3 is modified, in order to incorporate in within the payment option of up to 6 installments of the payable tax corresponding to the 2020 tax year, the extension of the term to file the annual tax return for the 2020 tax year, provided said tax return is duly filed prior to May 31, 2021.
Additionally, it is established that individuals who have submitted their annual tax return for the 2020 tax year prior to April 6, 2021 and have chosen to pay in installments may continue to pay according with the expiration dates indicated in the generated payment codes.
It is also established that those individuals who have filed the annual return prior to April 6, 2021 may choose to file a supplementary tax return until May 31, 2021, subtracting any payment previously made, in case they made it. At the time of filing said supplementary tax return, new payment codes will be generated for the following installments.
For such purposes, it is stated in said amendment that the last installment must be covered no later than October 2021 and, in the same way, the option of payment in installments will be rendered ineffective when the taxpayers have filed their annual tax return and paid the first installment, but the outstanding balance has not been fully covered by October 2021, at the latest.
Below, we put at your convenience the link where you can consult the resolution in question in more detail.
https://www.sat.gob.mx/normatividad/23669/versiones-anticipadas-de-las-rmf
We remain at your service for any clarification or comment that is required regarding this publication.
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April 2021
México City
