News from Mexico on electronic invoicing.
A new start date has been published for the mandatory use of version 4.0 of the Digital Tax Receipts over the Internet (CFDI).
Published in the fifth resolution of modifications to the miscellaneous tax resolution for 2022:
“For the purposes of articles 29 and 29-A of the CFF, taxpayers obliged to issue CFDI may choose to issue them in version 3.3 and for the CFDI that includes withholdings and payment information may choose to issue them in version 1.0, in accordance with Annex 20, published in the DOF on July 28, 2017, during the period from 1 January to 31 December 2022. The above shall also apply to concept add-ons and add-ons compatible with such versions.”
Thus, 31 December 2022 sees the end of a crossover period where version 3.3 and version 4.0 can both be used, while version 4.0 is mandatory from 1 January 2023. Although not expressly mentioned in the Tax Treasury’s publication, the extension also permits the use of version 2.0 for payment supplements and proof of withholdings until 1 January 2023.
To guarantee the correct stamping in version 4.0 and to confirm that tax information and activity of customers and employees is up to date, it will be necessary to request proof of their updated tax situation. It would not be possible to stamp with version 4.0 without this information, so it is important to update customer and employee databases in this crossover period.
For more information about CDFI and its implications, or for any other queries on doing business in the country, Auxadi’s experts in Mexico are at your disposal.