69-B Federation Tax Code.

What if I had operations with a supplier listed in 69-B of the Federation Tax Code?

Those who have given any tax effect to tax vouchers issued by a supplier in the case of article 69-B of the Federal Tax Code, YOU MUST PROVE THAT THE GOODS OR SERVICES COVERED BY THE CFDI HAVE BEEN PURCHASED OR, WHERE APPLICABLE, CORRECT YOUR TAX SITUATION.

In the first option, receiving taxpayers will have 30 days after the publication in the Official Journal of the Federation, to prove to the authority that they actually purchased the goods or received the services covered by the tax vouchers. This in accordance with the procedure sheet 157/CFF “Report and documentation to be submitted by the taxpayers referred to in rule 1.5 to demonstrate that they actually received the services or purchased the goods covered by the tax vouchers that issued or corrected their tax status.”, contained in Annex 1-A of the RMF for 2020, where they shall attach all the evidence they deem necessary to accredit such operations.

In addition, if deemed necessary, the tax authority may require additional information or documentation, and the taxpayer shall have a period of 10 days from the working day following that on which notification of the request for the submission of the request by the authority took effect; this period may be extended by a further 10 days, provided that the taxpayer submits the request for an extension within the initial 10-day period. Beyond this period, the authority will assess the evidence sent to determine whether or not such operations are appropriate.

In the second option, the taxpayers receiving these operations will also have 30 days following the publication in the Official Journal of the Federation, to correct their fiscal situation, by means of supplementaries removing the deductible and crediting effect applied. Additional to this are also required to send the “Report and documentation to be submitted by the taxpayers referred to in rule 1.5 to demonstrate that they actually received the services or purchased the goods covered by the tax vouchers that issued or corrected their tax status.”, ficha157/CFF contained in RMF Annex 1-A for 2020.

So, if you had operations related to article 69-B of the Federal Tax Code, we invite you to come to Bandala | Díaz | García to give you advice on the treatment of this type of operations, because if not, the authority exercising its powers of verification, noting that the tax situation has not been established or corrected, shall determine tax credits which will have a significant impact on the financial operations of your company.