To maintain control and incentivize taxpayers, the Tax Administration Service warns Over the new amounts of fines that they will charge for not present the Annual statement of taxes. This document that shows the balance of income and income is mandatory for all natural and legal persons in Mexico, who have until the last day of the month of April to proceed with this procedure against the SAT.
He SAT emphasizes the importance of presenting the Annual statement of taxes in a timely and accurate manner in the month of April, since this action contributes to the correct functioning of the tax system and the financing of public programs and services in the country. This document allows taxpayers to report their income, deductions and other relevant data to calculate the amount of taxes they must pay or the refund to which they are entitled, so warns of its compliance.
Do not present the Annual statement of taxes within the period established by the SAT for the month of Apriltaxpayers will be subject to the new amounts of the fines which vary depending on different factors, such as the length of delay and the amount of taxes owed.
SAT warns of new amounts of fines for not submitting annual tax return
The new amounts were outlined by the tax authorities for this year based on previous years, inflationary adjustments and amounts owed by taxpayers to the SAT. Are fineswhich range between 1,810 to 2,400 pesos, represent an important reminder to comply with tax obligations and avoid financial penalties before the deadline established for the last day of the month of April.
Please note that in case of not present the statement annual within the period established by the SATtaxpayers will be subject to fines which vary depending on different factors, such as the length of delay and the amount of taxes owed. The new amounts They can range between 1,810 and 2,400 pesos, which represents a significant additional expense for those who do not comply with this tax obligation.
It is important to note that these fines They are cumulative and may increase if the taxpayer does not regularize their tax situation within the indicated time. Furthermore, failure to comply with tax obligations towards the SAT in April It may have other consequences, such as inclusion in the Federal Registry of Taxpayers with Omission Obligations (RECO), which could make future procedures difficult and affect the taxpayer's credit reputation.
He SAT has implemented various measures to facilitate compliance with tax obligations and provide support to taxpayers who require assistance. Among these measures are the simplification of procedures, the extension of deadlines and the availability of online services to carry out the Annual statement of taxes quickly and easily, so you can avoid new amounts of the fines.