Mexico VAT coronavirus measures
- Sep 28, 2020 | Richard Asquith
28 Sep - The Mexican Congress is reviewing a proposal to cut the VAT credit refund time from 40 days to 15 days. The tax authorities reserve the right to request additional supporting information within 10 days of the credit application. The taxpayer will then have 10 days to respond to this request.
The Mexican Tax Administration is to offer speedy Value Added Tax credit repayments to assist businesses during the COVID-19 crisis.
The current deadline is a refund within forty days, will be reduced.
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