On February 23rd, the Official Gazette of the Federation published the Resolution of administrative facilities for taxpayers in the primary and freight and passenger transportation sectors. The purpose of this resolution is to simplify their tax obligations. Among the highlighted facilities are the deduction of minor expenses subject to simplified verification, the option to make semi-annual provisional payments, and the choice to withhold 5% or 7.5% for income tax purposes for taxpayers in the primary or land freight and passenger transportation sectors.

We provide you with the link where this publication can be consulted: [link]

https://www.dof.gob.mx/nota_detalle.php?codigo=5717832&fecha=23/02/2024#gsc.tab=0

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February 2024

Mexico City, Mexico