By MARK LORENZANA Mexican President Andrés Manuel López Obrador (AMLO) said on Monday, June 27, that he will request Raquel Buenrostro, head of Mexico’s Tax Administration Service (SAT), to review the requirements on the submission of proof of tax status for taxpayers, in a bid to simplify procedures. López Obrador proposed that the SAT eliminate this requirement altogether, given the
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By MARK LORENZANA On Wednesday, June 8, Mexico’s Tax Administration Service (SAT) announced that it is extending until Jan. 1, 2023, the deadline for employees to submit their Certificate of Fiscal Situation or tax data to their employers, from the original July 1, 2022, deadline. In April of this year, the SAT imposed a new requirement for the issuance of
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PULSE NEWS MEXICO Mexico’s Energy Regulatory Commission (CRE) on Friday, May 27, fined Iberdrola Energía Monterrey an exuberant amount of 9,145,388,400 pesos for the sale of energy to customers that were not original partners in its self-supply permit. When Iberdrola opened the plant in question, its total investment was 9 billion pesos, that is 145,388,400 less than the fine imposed
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