Annual ISR estimation in Mexico: basic aspects.

Fabián Ojeda Pérez; Alejandro Rodríguez Vázquez; Héctor Priego Huertas; Hugo Martín Moreno Zacarías

Volume : VII, Issue : X, October - 2017

Annual ISR estimation in Mexico: basic aspects.

Fabi N Ojeda P Rez, Alejandro Rodr Guez V Zquez, H Ctor Priego Huertas, Hugo Mart N Moreno Zacar As

Abstract :

This investigation makes an analysis of the annual declaration of the Income Tax in Mexico which must be presented by legal entities, with the purpose of describing the basic points that lead to its realization and presentation before the competent authorities, as well as its current relationship with the new tax reforms. As methodology, documentary research is used and its analysis is qualitative, being developed through the study of the various Mexican tax laws. The main results correspond to the importance of the annual declaration of the Income Tax (IT) for taxpayers, in the compliance of their tax obligations in a correct and effective way, that allows the taxpayer to have peace with the tax authorities for having fulfilled their obligations, avoiding with this the payment of fines, surcharges and fiscal updates.