Imminent Outsourcing Reporting Obligation For VAT-IEPS Certified Companies And Others To Mexican Tax Authority (SAT)

by Marcos Carrasco Menchaca , Alejandro Nemo Gomez Strozzi and Javier Valenzuela Padilla
Foley & Lardner

The General Foreign Trade Rules for 2022 (Rules) were published on December 24, 2021, and became effective January 1, 2022. The Rules provide that companies registered in the Companies Certification Scheme under the VAT and Excise Tax (IEPS as per its acronym in Spanish), Authorized Economic Operator, and Certified Commercial Partner modalities, or that have submitted a relevant application, will have until January 21, 2022 to confirm compliance with their current obligations related to labor matters.

Source: Mondaq

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