Flash General No 3 – January 2024
Requirements and Obligations for Individuals Seeking to Remain in RESICO
On January 8, 2024, the Tax Administration Service (SAT) released statement 003/2024, inviting individuals to fulfill their tax obligations to continue enjoying the benefits provided by the Simplified Trust Regime (RESICO). Reminding them that to pay taxes or stay in this regime, individuals must:
- Be active in the RFC.
- Be up-to-date with their tax obligations.
- Not be listed in section 69-B of the Federal Fiscal Code.
- Submit provisional payments and their annual declaration.
- Have effectively paid incomes less than 3.5 million pesos per year.
- Have an active e-signature and Tax Mailbox.
The link to access the statement is provided here:
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January 2024
Mexico City, Mexico