On October 10, 2021, the Tax Administration Service announced through its website the fourth publication regarding effective income tax rates for the measurement of tax risks corresponding to forty-seven new economic activities for fiscal years from 2016 to 2019 on the register of large taxpayers.

According to the statement, the aforementioned forty-seven economic activities include eight sectors, among which stand out: wholesale trade, retail trade, construction, manufacturing industries, financial services, insurance, real estate services and rental of movable and intangible goods.

In the same way as in the three previous publications, the tax authorities reiterate the invitation to taxpayers to consult the effective tax rate corresponding to the economic activity and compare it with the effective rate itself to measure their tax risks and, where appropriate, correct their tax situation by submitting the corresponding annual declarations to minimize the possibility of in-depth reviews aimed at corroborating the correct one.  compliance with your tax obligations

Similarly, in Fralla we reiterate our willingness to put ourselves at your command in order to determine the tax risk indicated by the tax authorities and, where appropriate, define the relevant measures that must be taken in order to avoid acts of nuisance by the tax authorities within the framework of the new audit policy.

Below, we put at your disposal the link where you can consult more in detail the publication in comment.

https://www.gob.mx/cms/uploads/attachment/file/672797/CuadrosFinalesCuartaPublicacion.pdf

We remain at your service for any clarification or comments that may be required regarding this publication.

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October 2021

Mexico City, Mexico