Pursuant to Article 150 of the Income Tax Law, individuals who obtain income in a calendar year, except for exempt income and income for which definitive tax has been paid, are required to pay the annual tax through a tax return to be filed in April of the following year.
However, due to the health emergency generated by the SARS-COV2 virus (COVID-19), various business organizations, professional associations and the international community have requested measures to mitigate the financial effects of the pandemic.
Therefore, on April 22, 2020, the SAT published on its website the fourth anticipated version of the First Resolution of Amendments to the Miscellaneous Tax Resolution, which incorporates rule 13.2, authorizing individuals to file their annual tax return for the fiscal year 2019, no later than June 30, 2020.
This measure seeks to facilitate collection and encourage this type of procedures to be carried out from home. At the time of this writing, it has not been published in the Official Gazette of the Federation.
