Mexico: New requests for refund of previously denied credit balance allowed
Taxpayers must submit a new refund request within the five-year prescription period for the credit balance and correct any defects that the tax authority detected in the first request.
The federal courts published guidance providing that taxpayers who have requested a refund of a credit balance and have had it denied by the tax authority will be able to submit a new refund request for the same tax and period, even if the denial was not contested.
Taxpayers must submit a new refund request within the five-year prescription period for the credit balance and correct any defects that the tax authority detected in the first request.
Read a September 2024 report (Spanish) prepared by the KPMG member firm in Mexico