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