Chihuahua, Chih., February 10th, 2021.
Dear Clients and Friends,
We hereby remind you that pursuant Article 27, section A, subsection II and section B, subsection VI of the Federal Tax Code, legal entities are obliged to file a notice before the Tax Administration Service in which they must inform the name and Taxpayer ID Number (RFC) of their partners, shareholders and associates, within 30 business days following any modification or incorporation.
As provided in the Miscellaneous Tax Resolution for 2021, the aforementioned notice must be filed pursuant the following:
- Legal entities that during the fiscal year 2020, omitted to file said notice despite being obliged to do so, must file it no later than March 31st, 2021;
- Legal entities that during the first semester of the fiscal year 2021 are obliged to file said notice must do so no later than September 30th, 2021.
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.
