Tag: SAT

Green Party and Master Scam used the same shell company
News

Green Party and Master Scam used the same shell company

Mexico.- The "Green scam"of the Government of Manuel Velasco Coello and"The master scam"of the six-year term of Enrique Peña Nieto, they are linked by the same shell company. Both schemes of looting public funds used the same network of shell companies based in Chiapas, reveal official documents obtained by Mexicans Against Corruption and Impunity (MCCI). Read more: 569 girls and boys have died from Covid-19 in MexicoThe government headed by Velasco Coello in Chiapas paid 60 million pesos in 2014 to Feasibility Empresarial de México SA de CV., a company created in Tuxtla Gutiérrez whose supposed owners were a messenger and a driver, whose identity had been stolen. That same company had received the same year, in a triangulated form, more than 146 million pesos from the Ministr...
Measures against evasion would give 1.4 trillion to the treasury
News

Measures against evasion would give 1.4 trillion to the treasury

The combating evasion and avoidance would allow Mexico raise about 1.4 trillion additional pesos, in a tax reform that would not imply raising taxes, said the head of the Tax Administration Service (SAT), Raquel Buenrostro.He noted that in the country there is space for a modification that aims for those who are not paying taxes to do so.He mentioned that the main source from which the SAT can obtain resources to finance public spending is the collection of ISR from large taxpayers of 40 economic sectors, since the effective rate that these pay is 1.3% on average. In this sector, potential resources would amount to 700 billion pesos.The other two main areas from which additional resources would be obtained are the control of smuggling and the informality of merchandise. (500 billion pesos...
SAT investigates deviation of 500 million with Manuel Velasco
News

SAT investigates deviation of 500 million with Manuel Velasco

The Tax Administration Service (SAT) investigates simulated operations for 500 million pesos carried out during the Government of Manuel Velasco Coello in Chiapas, according to an investigation carried out by the newspaper Reform and the organization Mexicans Against Corruption and Impunity.Irregular operations would have been detected between 2019 and 2020 and would have been carried out by six companies listed as “ghosts”Or invoicing.The text signed by Vanesça Cisneros, Valeria Durán and Lucía Vergara It details that the alleged partners of the companies do not have any type of activity, they live in the states of Chiapas and Morelos and apparently their identity has been stolen.They detailed that the companies linked to this resource diversion network are: Operadora Zall, Grupo Asesor O...
SAT adds 22 companies to the list of billing companies
News

SAT adds 22 companies to the list of billing companies

MEXICO CITY.- The Tax Administration Service (SAT) announced that in the update of the definitive global list, 22 companies and individuals were added for operations with false invoices.Companies from Cuernavaca, Morelos, dedicated to jewelery goldsmithing; In Pachuca, Hidalgo, he found another that is dedicated to the retail trade of handicrafts, watches, fine jewelry and articles and in Puebla to marketers of threads, fabrics and toys.Also in Guadalajara Jalisco, to promoters of the private sector of shows with facilities for the presentation of artistic and sporting events and cleaning services.From New Lion to a company organizing conventions and trade and industrial fairs; in Acapulco, Guerrero, to one of stationery items and another in Chilpancingo of cement and gravel.It indicated...
Mexico: what is the price of the dollar today, Tuesday, May 11, 2021?
News

Mexico: what is the price of the dollar today, Tuesday, May 11, 2021?

The exchange rate opened lower this Tuesday, May 11 in the Mexican market in the face of a global decline in the dollar, at a time when investors are waiting for inflation data in USA to be released on Wednesday.According to Reuters, the US currency was trading at 19.8642 Mexican pesos, with a loss of 0.29% compared to its reference price on Monday."The markets are especially sensitive to the fear of higher inflation that will complicate the support of the expansionary monetary policies of the central banks", analysts at local firm CI Banco told Reuters.SIGHT: Oro is stable as investors focus on US inflation.The agency adds that for the rest of the session the dollar is expected to oscillate in a range of 19.79 to 19.99 pesos, according to Banco Base estimates.Meanwhile, Mexican gross fi...
Mexico: what is the price of the dollar today, Thursday, May 6, 2021?
News

Mexico: what is the price of the dollar today, Thursday, May 6, 2021?

The exchange rate In the Mexican market, it opened lower this Thursday before a generalized decline in the dollar while the market expects to know on Friday data on local inflation that will be key for the next week's monetary policy decision by the Bank of Mexico (Banxico).The US currency was trading at 20.2170 Mexican pesos, down 0.13% compared to 20.2440 in the Reuters reference price on Wednesday."The dollar fell from two-week highs as risk appetite improved in global markets, while traders focused on economic data that may provide clues as to when the US Federal Reserve might reduce monetary stimulus." , Reuters reported.SIGHT: DolarToday Venezuela: know here the exchange rate today Thursday, May 6Meanwhile, the Mexican Stock Exchange (BMV) posted a 0.15% advance in its main indicator...
Income tax declaration generates many doubts
News

Income tax declaration generates many doubts

Mexico, April 26.- One of the biggest doubts of taxpayers, individuals, each April, is whether or not they should file their annual return.A scant tax culture still permeates much of the productive population, which is reflected each year in the accounting offices and in the annual reports of the SAT.One of the most repetitive questions is: "If I only have an employer, do I have to declare to the SAT?" Yamilee Dávalos Rosillo, billing manager at Facturador.com, explains that they are required to file an annual statement if they receive a salary or are in any of the following cases:"If the taxpayer had annual income greater than 400 thousand pesos during 2020, the entire fiscal year was not worked, there was more than one employer and it was requested that no annual adjustment be made by t...