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The Tax Administration Service (Spanish: Servicio de Administración Tributaria, SAT) is the revenue service of the Mexican federal government. The government agency is a deconcentrated bureau of the Secretariat of Finance and Public Credit , Mexico's cabinet-level finance ministry, and is under the immediate direction of the Chief of the Tax ...
The Federal Taxpayer Registry (Spanish: Registro Federal de Contribuyentes, RFC), also known as RFC number, is a tax identification number required by any physical or natural person or moral or juridical person (legal entity) in Mexico to carry out any lawful economic activity for which they are obliged to pay taxes, with some exceptions.
The Secretariat of the Treasury and Public Credit (Spanish: Secretaría de Hacienda y Crédito Público, SHCP) is the finance ministry of Mexico. The Secretary of the Treasury is the head of the department, and is a member of the federal executive cabinet, appointed to the post by the President of the Republic, with the approval of the Chamber of Deputies.
Mexico's tax authority SAT issued new tariffs on Tuesday, which it said will strengthen the surveillance of goods from Asia, a measure that could impact popular online retailers like Shein and Temu.
Mexico's tax take still lags far behind its peers, amounting to only 16.9% of GDP in 2022, far below the 34% average for member nations of the Organization for Economic Co-operation and ...
The report formulated "general principles" to avoid the adverse effects of double taxation and encourage free trade, international capital flows, and economic growth. [1] For example, the report tried to set guidelines for resolving who would be allowed to tax a resident or citizen of one state when that individual earned income in another ...
The Biden administration is imposing tariffs on steel and aluminum shipped from Mexico that were made elsewhere — an attempt to stop China from avoiding import taxes by routing goods through one ...
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