The third resolution of modifications to the 2020 Miscellaneous Fiscal Resolution (tercera resolución de modificaciones a la Resolución Miscelánea Fiscal de 2020), published in the official gazette on 18 November 2020, includes rules concerning the disclosure of reportable tax schemes.
The rules for disclosure of reportable schemes include measures for filing information returns or statements (these are set forth in an annex to the miscellaneous resolution). In general, the rules address specific information that must be reported such as descriptions of the plan, project or proposal, as well as the advice, instruction or recommendation that make up the reportable scheme. If the tax advisor or the taxpayer does not have the required information and documentation, this must be stated.
Read a November 2020 report (Spanish) prepared by the KPMG member firm in Mexico
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