Yesterday, the Mexican tax authorities (SAT, per their acronym in Spanish) sent an e-mail to several taxpayers, through which it claims to have found differences between the amount of the value added tax (VAT) on the tax invoices issued and the VAT stated in the monthly tax return, provided that the VAT stated was lower than the VAT on said tax invoices. In addition, according to said e-mail, the amount of VAT on the tax invoices issued is associated with those invoices collected through a single instalment (PUE, per its acronym in Spanish).

In this regard, we recommend our clients the following:

1. To review that the tax invoices that were issued with the type of collection “through a single instalment” (PUE) correspond to tax invoices actually collected during the month of issuance, since otherwise they should have been issued with the type of collection “through instalments or deferred” (PPD, per its acronym in Spanish).

2.To remember that, at any rate, the VAT is triggered at the moment of collection and not at the moment when the tax invoice is issued, thus it is critical to have the corresponding reconciliation.

3. To file the clarification case through the tax mailbox, indicating the considerations above regarding the moment the VAT is triggered, as well as the type of collection for the tax invoices issued.

FRALLA Asesores de Negocios will be glad to support you on this issue.

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June 2022

Mexico City, Mexico