In Mexico, taxpayers must issue Digital Tax Receipts (CFDI) for all transactions. Key CFDI types include Income, Expenditure, Transfer, Payroll, Payment, and Withholding. Compliance ensures transparent accounting, legal adherence, and supports financial reporting, ultimately fostering trust with customers and the SAT for retailers. In Mexico, issuing Digital Tax Receipts (CFDI) is mandatory for al... Read more

The reform mandates that CFDIs must reflect genuine transactions, with false or simulated invoices losing all tax effects and exposing issuers, recipients, and intermediaries to criminal liability. It grants the SAT expedited powers under new Articles 49 Bis and 29-A Bis CFF to verify CFDI authenticity, suspend digital certificates, and publish false-receipt findings, while the amended Article 113... Read more

In Mexico, POS systems must record official payment codes (e.g., “01” for cash, “03” for electronic transfer) on CFDI electronic invoices, with retailers required to support key methods like cash, cards, transfers, and vouchers. Read more

In Mexico, VAT (IVA) must be documented through CFDI e-invoices, which include detailed tax specifications for each item and follow the standardized XML schema to ensure consistency and compliance. The specifics are set out as follows. Read more

The package does not introduce new general taxes but raises IEPS rates for certain goods and aims to boost tax revenues by 5.7% in 2026. Businesses must prepare for expanded reporting requirements and integration with CFDI 4.0, with Congress set to approve the package by November 2025 and SAT to release technical details later. The 2026 Economic Package in Mexico will impact digital platforms, onl... Read more

In Mexico, fiscalization through the CFDI system is mandatory for all taxpayers engaged in economic activities, from large corporations to small local businesses, ensuring every taxable transaction is digitally certified and traceable. Limited exemptions exist, such as for individuals without business activities, certain low-income or rural sellers, and some service providers, but VAT and other ta... Read more