Extension for Aggregate 9 Delivery from the Multiple Information Return (MIR) “Related Parties”

Aggregate 9

Transfer payment concept was first conceived in Mexico around 1997, as a result of the North American Free Trade Agreement (NAFTA) signing in 1992 and the opening of products and services trading among multinational corporations. An as answer, a necessity was born to regulate commercial trading done by taxpayers and so related, avoiding that they might manipulate prices to their own convenience at the moment of transaction.

Is because of this that our fiscal legislation according to article 76th fraction X of the Rent Tax Law (RTL) has set that among the fiscal responsibility lays as well as the annual declaration information about operations done abroad must be presented

Such information about the involved parties could be fulfilled in the next three scenarios:

Fiscal Ruling

Taxpayers that choose to rule their financial status for effects of the 2017 fiscal year as stated in article 32nd-A of the Federal Fiscal Code (FFC) which indicates that once done in time and form such operations, as well as the once done abroad, will oblite in the same dates to send or show the Local Informative Declaration (LID) accordingly with article 76th-A of the current RTL (2017)

Financial Situation Informative Declaration (FSID)

For taxpayers oblite to present as part of their 2017 yearly declaration information about their financial situation (FISD), according to article 32nd-H of the Federal FIscal Code rule 3.3.9 indicates that there must be a term as much as june the 30rd to present Aggregate 9

 

LID Aggregate 9 those who Choose not to Rule

With the new upgrade of the teaser of the Miscellaneous Resolution as set in rule 3.9.18 published on march the 23rd 2018 points out that taxpayers that so have choose to decontaminate their own fiscal status for fiscal effects might show the information related with parties that correspond to the year 2017 as far as june 2018.