DEPUTIES ANALYZE TAX INITIATIVE IN LIVA-LIEPS AND CFF, ART. 69-B

The Chamber of Deputies, informed in a communiqué some possible proposals of fiscal initiatives, among these modifications are the Law of Value Added Tax (LIVA); the Law of the Special Tax on Production and Services (LIEPS); and the Federal Fiscal Code (CFF). Below, we mention the status of these proposals:

Law on Value Added Tax (LIVA).

It is proposed to calculate at zero rate in the disposal or provision of services as well as the temporary enjoyment or use of goods, provided they are made to the Federation, Federal Entities, Municipalities and Alcaidías that are in Mexico City.

Law on Excise Duty on Production and Services (LIEPS).

It is proposed to define flavoured drinks (syrups, extracts, etc.), to which a quota of 2,2616 pesos per litre will be applied, as well as the application of 16% for non-core products containing 275 kilocalories and exceeding 100 grams.

Federal Fiscal Code (CFF).

A proposal was made to reform Article 69-B in order to establish the requirements in the information to be submitted by the taxpayer for the clarification in materiality of such non-existent transactions.

It was also proposed to amend Article 33-A, with the aim of strengthening the procedure of the authority for the recovery of outstanding obligations of the taxpayer.

Derived from these modifications and if you think that your business may be affected by these three possible proposals, we invite you to come to Bandala | Díaz | García to be able to advise you on the processes or contingencies that you may present.

Likewise, we invite you to know our social networks where you can keep informed with relevant news that can be of help.