© 2013 Galaz, Yamazaki, Ruiz Urquiza, S.C. WMTA Breakfast meeting February 20, 2013 Relevant Tax Issues Annual Tax Return & Tax Amnesty.

Presentación del tema: "© 2013 Galaz, Yamazaki, Ruiz Urquiza, S.C. WMTA Breakfast meeting February 20, 2013 Relevant Tax Issues Annual Tax Return & Tax Amnesty."— Transcripción de la presentación:

1 © 2013 Galaz, Yamazaki, Ruiz Urquiza, S.C. WMTA Breakfast meeting February 20, 2013 Relevant Tax Issues Annual Tax Return & Tax Amnesty

2 Tax Amnesty

3 © 2013 Galaz, Yamazaki, Ruiz Urquiza, S.C. 3 Tax Amnesty (1) Taxes Due Tax concepts subject to the amnesty % of PardonRequirementsApp Before January 1st, 2007 Federal contributions and its inflation adjustment, when they are managed by SAT. 80% The forgiveness should be agreed by the tax authority, related to the application previously filed by the taxpayer. Taxpayers should file an Application before May 31, 2013. Countervailing duties, including its inflation adjustment. The forgiveness should be agreed by tax authority, related to the application previously filed by the taxpayer. Adjusted penalties for the lack of compliance with federal obligations, different from payment obligations. 80% The unforgiven tax should be paid fully and in one installment. Surcharges, including those calculated in installments, penalties and enforcement charges. The unforgiven tax should be paid fully and in one installment. It could go from 80% to 100%, if the taxpayer was subject to review by tax authorities in 2009, 2010 and 2011. Taxpayers subject to review in 2009, 2010 and 2011, and that are in compliance with all fiscal obligations.

4 © 2013 Galaz, Yamazaki, Ruiz Urquiza, S.C. 4 Tax Amnesty(2) Taxes Due Tax concepts subject to the amnesty % of PardonRequirementsApp From January 1st 2007 through December 31st, 2012 Surcharges. 100% The forgiveness should be agreed by the tax authority, related to the application previously filed by the taxpayer. Taxpayers should file an Application before May 31, 2013. Penalties for countervailing duties and federal contributions different from withholdings, indirect taxes, as well as penalties determined because of not complying with federal tax obligations. The updated contributions or countervailing duties originating the surcharges and penalties, should be paid fully and in one installment.

5 © 2013 Galaz, Yamazaki, Ruiz Urquiza, S.C. 5 Tax Amnesty(3) Taxes Due Tax concepts subject to the amnesty % of PardonRequirements From January 1st 2007 through December 31, 2012 Penalties for not complying with federal tax obligations, different from those of payment. Penalties for exceeding the application of tax loss are excluded from this pardon. 60% The pardon should be agreed by tax authority, related to the application previously filed by the taxpayer. Should be paid within the 30 days following the notification.

6 Annual Tax Return

7 © 2013 Galaz, Yamazaki, Ruiz Urquiza, S.C. 7 Annual Tax Return Fiscal Year of 2012 Due Date April 1, 2013 (since the original due date is a nonworking day). Annual Tax Return Forms Form 18 of SATs DEM 2013 Software V.1.5.6 for the generality of companies, or Form 19 for the companies that consolidate for tax purposes. Download on: http://www.sat.gob.mx/sitio_internet/servicios/descargas/31_9019.html Filing the Annual Tax Return Go to SATs webpage below, with the companys RFC (Tax ID number), the CIECF (password) or FIEL (electronic key and password) and send the.DEC file. Go to: https://tramitesdigitales.sat.gob.mx/Declarasat.Tradicional.Morales/Login.aspx?ReturnUrl=% 2fDeclarasat.Tradicional.Morales%2fDefault.aspx

8 © 2013 Galaz, Yamazaki, Ruiz Urquiza, S.C. 8 Annual Tax Return Fiscal Year of 2012

9 © 2013 Galaz, Yamazaki, Ruiz Urquiza, S.C. 9 Annual Tax Return Fiscal Year of 2012

10 © 2013 Galaz, Yamazaki, Ruiz Urquiza, S.C. 10 Annual Tax Return Fiscal Year of 2012

11 © 2013 Galaz, Yamazaki, Ruiz Urquiza, S.C. Deloitte se refiere a Deloitte Touche Tohmatsu Limited, sociedad privada de responsabilidad limitada en el Reino Unido, y a su red de firmas miembro, cada una de ellas como una entidad legal única e independiente. Conozca en www.deloitte.com/mx/conozcanos la descripción detallada de la estructura legal de Deloitte Touche Tohmatsu Limited y sus firmas miembro. Deloitte presta servicios profesionales de auditoría, impuestos, consultoría y asesoría financiera, a clientes públicos y privados de diversas industrias. Con una red global de firmas miembro en más de 150 países, Deloitte brinda capacidades de clase mundial y servicio de alta calidad a sus clientes, aportando la experiencia necesaria para hacer frente a los retos más complejos de los negocios. Cuenta con alrededor de 200,000 profesionales, todos comprometidos a ser el modelo de excelencia. Tal y como se usa en este documento, Deloitte significa Galaz, Yamazaki, Ruiz Urquiza, S.C., la cual tiene el derecho legal exclusivo de involucrarse en, y limita sus negocios a, la prestación de servicios de auditoría, consultoría fiscal, asesoría financiera y otros servicios profesionales en México, bajo el nombre de Deloitte. Esta publicación sólo contiene información general y ni Deloitte Touche Tohmatsu Limited, ni sus firmas miembro, ni ninguna de sus respectivas afiliadas (en conjunto la Red Deloitte), presta asesoría o servicios por medio de esta publicación. Antes de tomar cualquier decisión o medida que pueda afectar sus finanzas o negocio, debe consultar a un asesor profesional calificado. Ninguna entidad de la Red Deloitte, será responsable de pérdidas que pudiera sufrir cualquier persona o entidad que consulte esta publicación. CONTACT INFORMATION: Héctor Silva R. Tax partner Deloitte – Baja Practice Tel: +52 664 6227840 hsilva@deloittemx.com