For FRALLA it is a priority to duly and timely meet the tax provisions issued by the Mexican tax authorities.

Through the publication of Annex 20 of the Miscellaneous Tax Resolution for 2022 (RMF per its acronym in Spanish) there were added version 4.0 for the issuance of tax invoices (CFDIs, per their acronym in Spanish) and version 2.0 for CFDIs that evidence withholdings and information on payments and payments’ attachments.

Even if those versions entered into force on January 1^st, 2022, a coexistence extension was granted, through which it was allowed to issue the tax invoices in their respective versions 3.3 and 1.0, since January 1^st, 2022 and up to April 30, 2022. Through the publication of the Second Resolution of Modifications to the RMF the extension period was increased up to June 30, 2022.

Among the main changes that the new version 4.0 of the CFDIs includes, the following are the most prominent:

• To mandatorily include the name or business name, and tax domicile specifying the postal code for the issuer and the recipient.
• To include the tax regime of the recipient.
• The discontinuance of the use of CFDI P01– To be defined and a validation was added to this catalogue. In addition, depending on the recipient’s tax regime, the options for the use of the CFDI that are available for its issuance would be displayed.
• For the issuance of tax invoices expressed in a different currency from the Mexican peso (MXN) it would be necessary to include the FIX exchange rate published by the Central Bank of Mexico.
• To indicate whether the product or service of the economic transaction is subject to tax or not, and whether it is required to disclose the corresponding taxes.
• It would be necessary to indicate the sum of those concepts that include shifted taxes.

With the purpose of verifying the information that Will be contained in the CFDIs to be issued and to duly comply with the tax invoices’ issuance requirements in their version 4.0, we recommend our clients the following:

– To request an updated certificate of fiscal situation and the use that will be given to the tax invoices issued to your clients, no later than June 15, 2022 with the aim of updating the billing systems in a timely manner and avoid setbacks in the issuance of the tax invoices as of July.

– To request as soon as possible an updated certificate of fiscal situation to your employees and collaborators, in order to have the necessary information for stamping the payroll no later than the second half of June, 2022.

We remain at your disposal for any doubt or clarification in connection with the present publication.

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June 2022

Mexico City, Mexico