Thursday, October 17th, 2019

SAT REGISTERS 73.1 MILLION TAXPAYERS.

As of 2019, such taxpayer roll is formed by 73.1 million taxpayers
which means a 10.5% increase with respect to the same month of the previous year

TAX REVENUES REACHED ONE TRILLION PESOS

During the first quarter 2019, the tax revenues reached 857 thousand 996.4 million pesos.
This was 5.1% higher in real terms with respect to the first quarter of 2018.

240 INVOICES PER SECOND

During the period January-March 2019, 1 thousand 864.6 million electronic invoices were issued,
i.e., an average of 240 invoices per second.

TRANSFER PRICE DEFENSE
Through our Transfer Price Department, our firm has designed this service with the purpose of providing legal defense and counseling of an ample level to those multinational enterprises that pay taxes via transfer prices so that the authorities don’t discretionaly modify the profit margin, seriously affecting the finances of your enterprise.

The modification to the highest limit of the taxpayer’s declared profit that the authorities make, carries with it fiscal and financial repercussions to the enterprise, for authoruities impose a liquid amount, generally taxable, besides the variations in financial statements and its unavoidable repercussions in the PTU (workers participation in profits) payment.

Our Transfer Price Department counts with the specialized experience and knowledge to avoid that authorities impose on your enterprise a variation in the profit margin that is not completely justified and if it were the case, we would make use of all the contentious proceedings with the purpose of considerably diminishing the taxable profit range used in the fiscal year subject to study through the APA (anticipated prices agreement) proceedings.

One problem. One solution.
Grupo Farías, Tax Attorneys.