In both Mexico and the United States, tax systems share similarities, including progressive income taxation for individuals, the imposition of corporate taxes, and the existence of various deductions and credits. However, a key difference is that Mexico employs a flat...
Receiving a VAT refund can be crucial for a company's cash flow. However, in some cases, the refund request may be rejected or problems may arise. If you find yourself in this situation, here are the steps to take to resolve the issue.
When requesting a refund of a VAT balance in favor, the Tax Administration Service (SAT) has the power to request additional documents to verify the legitimacy of the request and clarify possible inconsistencies. According to Form 10/CFF Request...
One of the main doubts of taxpayers who generate VAT balances in their favor is the time that the authority has to authorize or reject said refund. This process, regulated by law, has certain rules that both individuals and corporations...
Opening an accounting firm is an excellent option for accountants looking to offer professional services independently or as part of a team. In addition to having the necessary technical skills, it is important to take into account certain legal aspects, such as: