RESICO, Foreign Income and Preferential Tax Regimes: A Costly Tax Mistake
Just Because the SAT Allows It Doesn’t Mean It’s Correct One of the most common mistakes we see among individuals with international income is assuming that if the Mexican tax authority (SAT) allowed them to register under the Simplified Trust Regime... RESICO, foreign income and REFIPRES: a mistake that could cost millions in taxes
Did the SAT allow you to pay taxes under RESICO? That doesn't mean it's correct. One of the most common mistakes we see among taxpayers with international income is assuming that if the SAT system allowed them to register under the Simplified Trust Regime...
SAS: Tax obligations that many entrepreneurs are unaware of
The Simplified Stock Corporation (SAS) has become one of the most attractive business structures for entrepreneurs in Mexico. It can be incorporated online, doesn't require a notary in certain cases, and seems simple to operate. But there's something many entrepreneurs discover...
Differences between accounting profit and taxable profit
One of the most common mistakes businesses make is assuming that if there's a profit, then the tax will be proportional to that amount. But in Mexico, accounting profit is not the same as taxable profit. Understanding the difference is crucial to avoid surprises.