Substantive Criteria Issued by PRODECON for Non-Existent Operations

On March 26, 2020, PRODECON approved at the 3rd ordinary session the criterion on non-existent operations in which it mentions the procedure of clarification for the accreditation of materiality, as well as the facilitation of self-correction, Below, we mention the process:

(9/2020/CTN/CS-SASEN) Clarification for materiality accreditation.

When taxpayers choose to demonstrate the materiality of their operations that they once had with Simulated Operations Invoicing Companies (EFOS), they will be able to go to SAT to clarify these operations in compliance with the requirements set out in Art. 69-B of the Federal Fiscal Code (CFF). It is also mentioned that the taxpayer is only required to prove the materiality of the transactions during the period observed in order to comply with the principles of legal certainty. To prevent them from being declared non-existent operations.

(10/2020/CTN/CS-SASEN) Facility to Autocorrect Yourself.

Derived from the above criterion and based on the transitional provision of the CFF for 2020, where it mentions that taxpayers who have failed to demonstrate the materiality of such transactions within the 30-working-day deadline or, where appropriate, to self-correct themselves by 31 March 2020, PRODECON makes it easy for us to correct operations by means of a supplementary declaration.

If you had operations with EFOS, and you want to do the autocorrection or the Tax Authority asks you to clarify the materiality of the operations, We invite you to come to Bandala | Díaz | García to be able to advise you on the process you have to carry out in order to be aware of your tax obligations.