The Fear That SAT Will Block Nearshoring That Reaches the Country
Tax Partner Eugenio Grageda was mentioned in an article published by Reforma about tax registration delays that can cause an interruption for companies arriving in Mexico as a result of nearshoring. Mr. Grageda explained that to obtain an appointment for the Federal Taxpayer Registry (RFC), there is a four- to five-week wait time. He also commented on another important challenge for companies: obtaining the certification of the Value Added Tax (VAT) and the Special Tax on Production and Services (IEPS) that allows exemption from tariffs and to temporarily import merchandise into the country exempt from a VAT payment. This is why he emphasized the importance of knowing the process and the requirements to prevent the Tax Administration Service (SAT) from declining the exemption. Mr. Grageda said that if there is an audit by the Mexican Institute of Social Security (IMSS) where it is determined that they did have to register and did not, the possibility of deducting the payment of services from taxes would be lost.
"But this uncertainty of interpretation and different positions adopted by different taxpayers have caused a challenge in hiring foreign companies in Mexico," he commented.