The Tax Administration Service (SAT) announced an incentive for taxpayers with income of up to 35 million pesos to regularize their tax situation. This benefit will apply for the 2023 tax year or earlier, as long as taxpayers meet certain requirements.
According to the SAT, to access this incentive, taxpayers must not have received waivers in certain generalized programs in 2000, 2007, and 2013, must not have a final conviction for any tax offense, and must not be published on definitive lists related to specific articles of the Federal Tax Code.
To request the incentive, taxpayers must make a clarification on the SAT Portal requesting their capture line and pay in a single payment or schedule an in-person or virtual appointment. Those subject to verification powers must correct irregularities within the established timeframe to be eligible.
It is important to highlight that those with updated omitted contributions will not be eligible for this benefit. Additionally, the discount may be applied before receiving the resolution that determines the omitted contributions.
As for the deadline, it is mentioned that as of January 1, 2025, taxpayers with pending balances or firm tax credits determined by the federal authority, that have not been contested or for which the defense means have been withdrawn, will not be able to access the SAT incentive, although they may have other alternatives as stipulated by the authority.
The SAT emphasized that this tax incentive will not be considered as accumulated income for purposes of the Income Tax Law and in no case will it give rise to refund, deduction, compensation, crediting, or any favorable balance. The benefits of the incentive include a 100% reduction of fines, aggravating factors, surcharges, and execution costs.
