Mexico: Validation of data in electronic invoices
All electronic invoices (CFDI) issued by Mexican taxpayers must comply with the provisions under version 4.0.
All electronic invoices (CFDI) issued by Mexican taxpayers must comply with the provisions
After 30 June 2022, all electronic invoices (CFDI) issued by Mexican taxpayers must comply with the provisions under version 4.0.
Taxpayers must validate various data contained in the CFDI under version 4.0 such as federal taxpayer registration; name, denomination or company name; and postal code of the address of the taxpayer—taking into account the obligation that taxpayers and employers will have to confirm the data that is incorporated into the payroll stamp. Up to 5,000 lines may be validated simultaneously.
KPMG observation
This compliance obligation represents a challenge for taxpayers’ operational, financial, administrative, technological and fiscal functions that stamp tax receipts, as well as for the payroll function, because correct implementation is necessary for tax deduction and accreditation.
Read a May 2022 report (Spanish) prepared by the KPMG member firm in Mexico
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