Chihuahua, Chih., May 25th, 2020.
Dear Clients and Friends,
We hereby remind you that, pursuant to current tax legislation, legal entities are obliged to update their corporate information before the Tax Administration Service, especially considering that the Miscellaneous Tax Resolution for 2020 (Rule 2.4.19. and Article Forty-sixth of the Transitory Resolution) states:
• The obligation to file a “notice before the Federal Taxpayer Registry (known in Spanish as RFC)” wherein the name and RFC number of the partners or shareholders shall be provided each time an amendment or incorporation is made, within the 30 working days following the date on which said event takes place before the Decentralized Administration of Taxpayer Services.
• In the event of legal entities that have not updated the information on their partners or shareholders before the RFC, they must file the referred notice, with the information regarding the current structure of the equity of shareholders or partner’s participation. It must be filed for a single time no later than June 30th, 2020.
The aforementioned is of utmost importance, since, in the event that said notice is not filed, the tax authority has the power to temporarily restrict the use of the digital seal certificates for the issuance of digital tax receipts, regardless of any other sanction that may be imposed.
Therefore, we recommend having a constant communication with your legal and accounting advisors, in order to keep the corporate and accounting records updated and avoid any fines or penalties for your company.
In case of any doubts or comments regarding this newsletter, please do not hesitate to contact us.
