Mexico’s tax measures for 2020 (Resolución Miscelánea para 2020) were published in the official gazette in late December 2019 and include rules about the following tax provisions.
There are new measures regarding the taxation of digital services that have an effective date of 1 June 2020. There are rules requiring registration by foreign entities that do not have a permanent establishment in Mexico and that provide digital services to customers in Mexico. The tax authority will regularly publish a list of foreign entities that are registered under these rules. Also, the measures address what information must be provided on sales receipts. Lastly, the provisions address how entities that fail to register can resolve their VAT liabilities.
Other measures address the tax treatment of digital intermediation services (that is, digital platforms) between third parties. Again, the rules require registration by 1 June 2020, as well as subsequent reporting requirements.
A separate measure provides rules for natural persons (individuals) who dispose of goods, provide services, or offer accommodations through the use of digital platforms.
Read a January 2020 report (Spanish) prepared by the KPMG member firm in Mexico
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.