Mexico: Payment deadlines for shared utility rights, extraction of hydrocarbons
Provisions in the “Fourth Resolution of Modifications to the Miscellaneous Tax Resolution” for fiscal year 2021
Payment deadlines for shared utility rights, extraction of hydrocarbons
The tax administration (Servicio de Administración Tributaria) presented an advance version of the “Fourth Resolution of Modifications to the Miscellaneous Tax Resolution” (Cuarta Resolución de Modificaciones a la Resolución Miscelánea Fiscal—RMF) for fiscal year 2021.
Included in the RMF:
- One measure relates to the date when the use of the bill of lading will be mandatory (1 January 2022).
- Another measure establishes 30 December 2021 as the payment deadline for October 2021 declarations relating to shared utility rights and the extraction of hydrocarbons.
These provisions are effective once published in the official gazette.
Read a November 2021 report (Spanish) prepared by the KPMG member firm in Mexico
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.