These are the monthly payments that corporations calculate and must pay due to the tax for the year. After calculating the profit coefficient, we will now be able to determine the interim payments, which will be much easier since deductions do not have to be made as for natural persons. Those who are required to make interim SRI payments under the general scheme are natural persons who receive income from the exercise of commercial activities or the provision of professional services. Natural persons domiciled abroad who have one or more permanent establishments in Germany are also obliged. · Interim payments for the same fiscal year previously made. (c) The following revenue should not be taken into account in the calculation of provisional payments: Where more than one interim payment is the subject of a request, that request shall be made one month before the date on which the first of those payments is to be announced. This time, we will see how it is presented and what the request for authorization to reduce interim payments is based on. Interim SRI payments are, so to speak, advances paid to the Ministry of Finance to make the annual payment, with less fiscal and financial pressure. While it should be noted that the pre-filled information obtained from the provisional payments or the annual return can only be changed by submitting the supplementary returns, there is no clarity on the procedure to be followed if the CFDIs of the type of income issued during the period do not match the nominal income of the legal entity and if the pre-filled amount can be changed. This is very relevant given that legal entities may have a variety of nominal income that are not necessarily covered by an ICDF, such as foreign exchange gains, bad debt collection, insurance recovery, etc., or that the amount of nominal income does not necessarily coincide with the amount of consideration covered by the ICDF, Like what.
the disposal of capital assets or the generation of nominal income with some assumption of accumulation prior to the issuance of the CFDI as could be the case if the service was provided or if the asset was physically shipped or delivered prior to the issuance of the CFDI CFDI; Therefore, it would be important if the additional nominal income could be included manually on the return. 2) From $17,370.00 to $34,730.00, compared to what is indicated in Division IV, except in the case of taxpayers who, in accordance with the Income Tax Act, are required to make quarterly or quarterly interim payments, where the fine ranges from $1,730.00 to $10,410.00. It is important to know that in order to make instalment payments from corporations, we must first calculate the value in use. 29. December 2020, the miscellaneous tax resolution for the 2021 financial year was published in the Official Journal of the Federation, where on January 5, we presented the most important aspects of our Tax Flash entitled Tax Resolution 2021. Among the rules that the tax administration has included for 2021 is Rule 3.9.19. Provisional payments for legal persons in the general legal system, which directly affect the filing of the return on provisional income tax payments (ISR). To determine provisional payments, it is necessary to obtain a profit coefficient for each 12-month fiscal year of the last five years, taking into account the most recent of them. persons engaged in commercial activities who earned less than $2,421,720.00 in the previous year; Individuals who are not engaged in an activity and who earned less than $415,150.00 in that year, as well as individuals who carry on an activity and estimate that their income will be in the year up to those amounts, must make provisional, final or annual payments, including source deductions, according to the following procedure: 1. With regard to the income to be used for the calculation of provisional payments, account shall be taken of: For the purposes of Article 81, Sections I and IV and 82, Fractions I and IV of the abovementioned Code, a taxable person who does not submit an annual return, provisional ISR payments and monthly VAT payments, The following fines shall be credited: Taxpayers who consider that: The fact that the profit coefficient they must apply to set provisional payments is higher than the margin coefficient of the year to which these payments correspond may, from the second half of the year, request authorization to reduce the amount of the corresponding amounts.
On the basis of Article 14(14)(b) of the Law on income tax, taxpayers who consider that the profit coefficient to be applied in determining interim payments is higher than the coefficient of the year in which they are made have the possibility to apply for authorisation to reduce the provisional CSR payment from the second half of the year. The application shall be submitted no later than the 15th day of the first month of the period for which the reduction in payment is requested. If it is planned to reduce payments for the entire second half of the year, the application must be submitted no later than July 15, in accordance with the instructions of the official format. In particular, provisional payments for legal persons result from the application of the CSR rate (30%) to the tax benefit determined during the period corresponding to the payment. This rule does not change the process that corporations must follow for the submission of provisional payments, however, starting with the interim payment in January 2021, the return will be pre-filled with the following information: To date, the federal executive has not extended or terminated the annual return, interim payments or VAT returns due to contingencies due to COVID-19. 5. For the financial year 2015, the rate to be used for the calculation of interim payments in the area of dominant dispute resolution shall be 30 %. 4. Legal persons covered by the general LISR scheme may reduce the amount of PTUs paid during the year in relation to the tax profit determined. The abovementioned amount of the OCT shall be reduced equally for provisional payments from May to December of the year.
The decrease in provisional payments for the year is cumulative. 3. Taxable persons who, for the purposes of provisional payments for the year in question, have chosen to accumulate the stocks which they held on 31 December 2004 are required to add to the tax benefit one twelfth of the accumulated inventory multiplied by the number of months from the beginning of the financial year to the month to which the payment relates: accumulate. This is consistent with Division XII of the ninth section of the transitional provisions of the IRA for 2014 and the last paragraph of Division V of the third section of the transitional provisions of the IRSA for 2005. Interim payments must be made monthly. In addition, it must be submitted no later than the 17th day of the month following payment. We know and are aware that we may charge certain fees that will be paid to reduce interim ISR payments, as was the case with the IETU, but this cannot be done automatically, but requires SAT approval to reduce interim payments. To date, this new modality has not been published in the preliminary payment platform, but we consider it a priority to identify the differences that companies have in terms of nominal income compared to CFDI revenues (e.g. gain on the sale of fixed assets, gain on the sale of shares, foreign exchange gain, income provisions, among others) in order to reconcile these differences. Similarly, it would be necessary to review the procedure for issuing and cancelling the income-type RCI and, if necessary, to avoid being cancelled by the outgoing RCI (yield or discounts).