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Flash General No 8 – June 2024

Flash General No 8 – June 2024

Implementation of the IMSS Mailbox and its Legal Effects

On June 7, the Decree amending, adding, and repealing various provisions of the Social Security Law regarding digital tools was published in the Official Gazette of the Federation (the “DOF”).

Previously, electronic notifications were optional and required the express consent of the employer or obligated party. Through this reform, the formal operation and administration of the new IMSS Mailbox is established as an electronic communication system, in which the Mexican Social Security Institute (the “IMSS”) can issue summons, notifications, orders of any act, requests for information, or administrative resolutions in digital documents.

Individuals, in turn, can submit promotions, requests, notices, comply with their obligations and requirements, and make inquiries about their fiscal and administrative status before the Institute.

It is important to highlight that actions carried out through the IMSS Mailbox, which is implemented on the IMSS website www.imss.gob.mx, will have the same legal effects as documents signed in handwriting and, consequently, will have the same probative value.

When individuals do not enable the IMSS Mailbox, provide incorrect information, do not register, or do not update their contact details, the IMSS may make notifications via public notices.

Therefore, within 60 days following the publication of the aforementioned reform, the IMSS must issue the procedures and services available in the IMSS Mailbox, as well as its general rules for operation.

Until these general rules are published, the “General Guidelines for the Use of the IMSS Mailbox,” approved by the Technical Council through Agreement ACDO.AS2.HCT.240620/170.P.DIR, published on July 9, 2020, in the DOF, will apply.

 

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Flash General No 7 – June 2024

Flash General No 7 – June 2024

National Consumer Price Index

On June 10, 2024, the National Institute of Statistics and Geography (Instituto Nacional de Estadística y Geografía) announced, through the Official Gazette of the Federation, the National Consumer Price Index for the month of May 2024, which stands at 134.087.

This index shows a variation of -0.19 percent compared to the index for April 2024, which was 134.336, resulting in a cumulative inflation for the year 2024 of 1.29 percent.

We provide the link where the aforementioned publication can be consulted:

https://dof.gob.mx/nota_detalle.php?codigo=5729985&fecha=10/06/2024#gsc.tab=0

 

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Tax News No 16 – June 2024

Tax News No 16 – June 2024

The First Resolution of Modifications to the Miscellaneous Fiscal Resolution for 2024 and Annexes 1, 1-A, 9, 11, 14, 15, 23, 29, and 30

On June 4, 2024, the First Resolution of Modifications to the Miscellaneous Fiscal Resolution for 2024 (“First RMF 2024”) and its Annexes 1, 1-A, 9, 11, 14, 15, 23, 29, and 30 was published in the Official Gazette of the Federation (“DOF”). In general terms, it came into effect the day following its publication, which was June 5, 2024, except for those provisions announced in advance.

Through this publication, the following reforms stand out:

  • Registration in the RFC

The publication made through the second early version of the First RMF 2024 is confirmed, through which the possibility of registration in the Federal Taxpayer Registry (“RFC”) of Mexicans living abroad without tax obligations in Mexico is established; individuals who only receive income from salaries and generally from the provision of subordinate personal services, as well as individuals without tax obligations, according to the provisions of procedure 321/CFF “Request for registration in the RFC of individuals through the virtual office” contained in Annex 1-A of the RMF 2024.

  • Resumption of activities in the RFC for taxpayers suspended from RESICO

Through the publication of the Seventh Resolution of Modifications to the Miscellaneous Fiscal Resolution for 2023 published in the DOF on October 18, 2023, and subsequently in the Miscellaneous Fiscal Resolution for 2024 published in the DOF on December 29, 2023, the possibility was established for individual taxpayers who had been suspended from paying taxes under the Simplified Trust Regime (“RESICO”) for having detected that in a fiscal year, they did not issue tax receipts, did not make any monthly payments, nor the annual declaration for the fiscal year, to resume their tax situation in accordance with the provisions of said rule, a facility that is maintained through the publication of the First RMF 2024.

  • Accumulation factor for deposits or investments abroad

It is noteworthy that, after the deadline for filing the annual declaration for the fiscal year 2023 has expired, the tax authorities announce the accumulation factor applicable to the amount of the deposit or investment at the beginning of the fiscal year 2023, which is 0.0000; however, the factor of 0.0000 was considered in the application for filing the aforementioned annual declaration.

  • Annex 1 First RMF 2024

The “Format for Registration in the RFC through the virtual office” is disclosed.

  • Annex 9 RMF 2024

The table containing the factors for updating deductions is disclosed, in the case of individuals who obtain income from the sale of real estate and who exercise the option provided for in rule 3.15.1. of the Miscellaneous Fiscal Resolution for 2024.

We provide the link where the aforementioned publication can be consulted:

https://dof.gob.mx/nota_detalle.php?codigo=5729388&fecha=04/06/2024#gsc.tab=0

 

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Flash General No 6 – May 2024

Flash General No 6 – May 2024

National Consumer Price Index

On May 10th, the National Institute of Statistics and Geography announced, through the Official Gazette of the Federation, the National Consumer Price Index for the month of April 2024, which corresponds to 134.336.

This index shows a variation of 0.20 percent compared to the index for the month of March 2024, which was 134.065, resulting in an accumulated inflation for the year 2024 of 1.47 percent.

We provide the link where the mentioned publication can be consulted:

 

https://dof.gob.mx/nota_detalle.php?codigo=5726267&fecha=10/05/2024#gsc.tab=0

 

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Statement No 15 – May 2024

Statement No 15 – May 2024

Subcontracting Informative Statements

In terms of subcontracting provisions, as a reminder, today, May 17, 2024, marks the deadline for submitting the corresponding informative statement for the January-April 2024 quarter to the IMSS and INFONAVIT.

 

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May de 2024

México City, México

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Statement No 15 – May 2024 Read More »

Statement No 14 – April 2024

Statement No 14 – April 2024

Registration to the National Fund Institute for Workers Consumption

On April 4, 2024, the “Decree reforming Section III of Article 994 of the Federal Labor Law” was published, modifying the amount of fines for non-compliance with some employer obligations. Among the most important is the affiliation of the workplace to the National Fund Institute for Workers’ Consumption (FONACOT Institute).

According to the report presented by the Congress of the Union, the Reform aims to promote consumption, economic activity, and foster financial inclusion in the Mexican economy. Likewise, due to the changes that have emerged in labor matters, particularly regarding the subcontracting of specialized personnel services, registration with the FONACOT Institute has become a requirement and inspection issue for companies that provide and obtain these specialized personnel services.

The affiliation process is free and streamlined, so we highly recommend reviewing the particular situation of each employer, whether an individual or legal entity, to ensure compliance with this obligation.

At FRALLA, we have specialized personnel who can assist in reviewing the affiliation of your workplace to avoid possible fines in this regard.

 

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April de 2024

Mexico City

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Statement No 14 – April 2024 Read More »

Statement No 13 – April 2024

Statement No 13 – April 2024

Press Release

During the month of April, individuals are obligated to file their annual income tax return (ISR), in which they must declare the information corresponding to the different incomes obtained during the corresponding fiscal year, as well as the authorized and/or personal deductions applicable to each particular case, taking into account the limits established in the tax provisions.

For this reason, for those of us at FRALLA, it will be a privilege to support you in the preparation and review of the content of the annual ISR declaration that must be submitted this April, verifying that all the information preloaded in the SAT systems is correct, as well as ensuring that the calculation for the determination of ISR is accurately done, so that in case a favorable balance is obtained, its recovery can proceed as soon as possible.

Likewise, if applicable, our services would cover the preparation of the calculations that must be carried out regarding investments held abroad during the fiscal year 2023 (in case such investments were held), for the purpose of determining the annual adjustment for inflation, capital gains, interests, currency gains or losses, dividends, tax withholdings, and other tax effects that must be considered for such investments in accordance with the applicable tax provisions, in addition, of course, to all national taxable incomes that were received during the fiscal year 2023 and the review of the data to be reported, such as loans, donations, prizes, among other scenarios.

At FRALLA, we not only offer high-quality tax advisory services, but we can also provide specialized courses so that your team is fully prepared and updated regarding current tax regulations and the submission of their annual ISR declarations.

It will be a pleasure to support you in complying with your tax obligations as individuals in a timely manner, through any of our contact channels we are here to assist you.

 

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April 2024 Mexico City, Mexico

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Statement No 13 – April 2024 Read More »

Flash General No 5 – March 2024

Flash General No 5 – March 2024

On March 8th, the National Institute of Statistics and Geography released, through the Official Gazette of the Federation, the National Consumer Price Index for the month of February 2024, which stands at 133.681. This index shows a variation of 0.09 percent compared to the index for January 2024, which was 133.555, resulting in an accumulated inflation of 0.99 percent for the first two months of 2024. We provide you with the link where the aforementioned publication can be consulted:

DOF – Diario Oficial de la Federación

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March 2024

Ciudad de México, México

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Statement No 12 – March 2024

Statement No 12 – March 2024

REPSE Registration Renewal 2024

In 2021, the Federal Labor Law incorporated a prohibition on personnel outsourcing, with an exception made for the outsourcing of specialized services or the execution of specialized works that are not part of the beneficiary’s core business or predominant economic activity.

In light of the aforementioned reform and to enable competent authorities to identify and regulate individuals or entities providing specialized services or executing specialized works, it was established that registration with the Ministry of Labor and Social Welfare in the Public Registry of Specialized Service Contractors or Specialized Work Contractors would be obligatory.

For this purpose, the Ministry of Labor and Social Welfare published guidelines for individuals or entities providing specialized services or executing specialized works to obtain registration. These guidelines mandated the provision of multiple pieces of information and documentation to demonstrate the exceptional and specialized nature of such services through the REPSE (Registry of Providers of Specialized Services or Specialized Works) online platform.

According to the aforementioned guidelines, the registration would be valid for 3 years, requiring registered individuals or entities to renew their registration every 3 years through the REPSE online platform within three months prior to the expiration date of their registration.

As the 3-year validity period for registrations granted during the 2021 period is about to expire, the Ministry of Labor and Social Welfare recently published an Agreement outlining the procedure and specifications for requesting and obtaining the renewal of the aforementioned registration through the REPSE online platform.

Providers should note that the renewal process must be initiated three months prior to the expiration of their registration, with the three-year validity period being counted from the date of their registration in the registry, regardless of any updates made to the registration.

It should be noted that for the renewal of registration for individuals or entities registered in the Registry, the http://repse.stps.gob.mx platform will enable a module called “Registration Renewal,” which can only be accessed during the period defined by the Ministry, in accordance with the validity of their registration notice, as follows:

 

Año de registro Mes de otorgamiento
de registro
Mes de renovación de registro
2021 Junio De marzo a mayo de 2024
Julio De abril a junio de 2024
Agosto De mayo a julio de 2024
Septiembre De junio a agosto de 2024
Octubre De julio a septiembre de 2024
Noviembre De agosto a octubre de 2024
Diciembre De septiembre a noviembre de 2024
2022 Enero De octubre a diciembre de 2024
Febrero De noviembre de 2024 a enero de 2025
Marzo De diciembre de 2024 a febrero de 2025
Abril De enero a marzo de 2025
Mayo De febrero a abril de 2025
Junio De marzo a mayo de 2025
Julio De abril a junio de 2025
Agosto De mayo a julio de 2025
Septiembre De junio a agosto de 2025
Octubre De julio a septiembre de 2025
Noviembre De agosto a octubre de 2025
Diciembre De septiembre a noviembre de 2025
2023 Enero De octubre a diciembre de 2025
Febrero De noviembre de 2025 a enero de 2026
Marzo De diciembre de 2025 a febrero de 2026
Abril De enero a marzo de 2026
Mayo De febrero a abril de 2026
Junio De marzo a mayo de 2026
Julio De abril a junio de 2026
Agosto De mayo a julio de 2026
Septiembre De junio a agosto de 2026
Octubre De julio a septiembre de 2026
Noviembre De agosto a octubre de 2026
Diciembre De septiembre a noviembre de 2026

While the renewal process should ideally be swift, we strongly recommend thoroughly reviewing the specific situation of each individual or entity before proceeding with the renewal process to avoid rejection by competent authorities or registration cancellation. It is important to note that at the time of renewal, providers must be up to date with their obligations to tax authorities (Tax Administration Service, Mexican Social Security Institute, and National Workers’ Housing Fund Institute).

At FRALLA, we have specialized personnel who can assist you in analyzing the particular situation of individuals or entities that have obtained registration in the Public Registry of Specialized Service Contractors or Specialized Work Contractors. They can accompany you throughout the process of requesting the renewal of said registration until its approval.

 

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Statement No 12 – March 2024 Read More »

Statement No 11 – March 2024

Statement No 11 – March 2024

Annual Tax Return Simulator Individuals 2023

The Tax Administration Service announces the ‘Annual Tax Return Simulator for Individuals 2023’, through which individual taxpayers can access preloaded information from the tax authority regarding income, personal deductions, withholdings, as well as the potential determination of a balance in their favor for the fiscal year 2023. To access this simulator, taxpayers must have a valid RFC (Taxpayer Identification Number) and password or electronic signature (e.firma).

We provide the link where the referenced simulator can be accessed:

https://www.sat.gob.mx/personas/declaraciones

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