Regulatory Alerts2023-03-03 | DOF 5681556Added · Updated
Resolution of Administrative Facilities for Taxpayers in the Sectors Identified for 2023
The Resolution establishes administrative and verification facilities for taxpayers in the primary sector and various land transport sectors for the 2023 fiscal year. It allows primary sector taxpayers to deduct up to 10% of their own income (capped at $800,000 MXN) for labor, livestock feed, and minor expenses under specific conditions, and permits semi-annual provisional payments for Income Tax (ISR) and Value Added Tax (VAT). It also introduces a 4% ISR withholding rate for payments to occasional farm workers with daily wages below specified thresholds, exempts certain agrarian legal entities from filing provisional and annual tax returns if their income remains within UMA limits, and allows distributors' settlement statements to serve as sales and expense vouchers. Additionally, it waives the requirement for nominative checks or electronic wallets for payments under $5,000 MXN to primary sector taxpayers and permits fuel payments via non-nominative means up to 15% of total fuel consumption costs.
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