As a result of an amendment to Article 32-H of the Federal Tax Code (FTC) became the due date amended for submission simplified informative returns on the tax situation taxpayers who choose to file an ISSIF and do business with related parties need to prepare Transfer pricing documentation for the financial year 2017 within 2nd April, 2018.
Mexico has included recent tax developments in its tax legislation. In accordance with the tax legislation, it includes changes to the due date for the Tax Situation Information Return (Declaración Informativa sobre Situación Fiscal or DISIF) and deadlines for filing part of the transfer pricing for the 2017 financial year. Specifically, Mexico changed the due date for the DISIF to the same due date for the annual tax return under Article 32-H of the Mexican Federal Tax Code (MFTC) for FY2017, which is no later than 31st March 2018.
The administrative rules, however, still allow taxpayers that file the Statutory Tax Audit Report (Dictamen Fiscal) to file Exhibit 9 of the DIM until 15th July or 31st July 2018 provided all contributions are paid by 15th July. The other transfer pricing (TP) obligations in Mexico are still valid and did not change in terms of content or dates of preparation or submission.
