Compliance Alert - Mexico Releases 2024 Miscellaneous Fiscal Resolution (RMF)

On 28 December 2023, Mexico officially published the highly anticipated Miscellaneous Fiscal Resolution (RMF) for the year 2024. The RMF along with its annexes 1, 5, 8, 15, 19, and 27, is now available in the Official Gazette of the Federation (DOF).

Among the main modifications introduced by the Resolution, the new aspects encompassed to the RMF 2024 regarding electronic invoicing are stated below:

• New terms are incorporated into the glossaries;
• The optional deduction percentages applicable to taxpayers with a concession, authorization or permit for public works are eliminated;
• Burkina Faso, the Independent State of Papua New Guinea, the Republic of Benin and the Socialist Republic of Vietnam join the comprehensive information exchange agreement as of January 1, 2024;
• Adjustments are incorporated in the Update of quantities established in the CFF Annex 5, item A for 2024;
• Resumption and update procedure is incorporated into the workers' Federal taxpayer registration (RFC);
• The obligation to register an email is specified in the Tax Identification Card and Certificate of Tax Status;
• Clarifications are made to cases in which the key is modified in the RFC;
• The Invoice SAT Móvil application is incorporated into the Digital Tax Receipt online (CFDI) validation and download services;
• A specification is made in the issuance of CFDI with the general public;
• General clarifications on certain rules;
• A new rule is incorporated for the Issuance of CFDI with a Carta Porte complement, reverse logistics services, collection or return for the transfer of goods and/or merchandise by motor transport;
• The indication is incorporated that as of December 31, 2024, the tax authorities other than the SAT, such as the National Housing Fund for Workers, the Federal Consumer Prosecutor's Office, CONAGUA, as well as other authorities that exercise the power of supervision In the federal entities, they may use the tax mailbox to send electronic notifications of administrative acts or resolutions.

Besides that, an extension was granted which provides that taxpayers required to issue the CFDI with a Carta Porte complement may continue to do so in version 2.0 until 31 March 2024, thus extending the coexistence between version 2.0 and 3.0. until the mentioned date.

As of 1 April 2024, it will only be possible to issue CFDI with Carta Porte Complement v3.0. .