Apr 25, 2018 Gerry Li Economy, Latest News, Living, News Brief 0
Today the Tax Administration Service [Servicio de Administración Tributaria (SAT)] published a press release granting an extension until May 15th for filing of the Annual Tax Return for Mexican resident individuals.
The extension was consedered necessary given the inconsistencies in the system where the information, of invoices and informative returns on salary payments, is not correct. Please note that: i) under our self assessment tax system, the taxpayer is directly responsible for the information filed with the SAT, and ii) if the taxpayer only recieves employment income from one employer, he/she has no obligation to file the annual tax return.
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