Overview

• The SAT confirmed on July 21 that taxpayers with annual revenues under 35 million pesos can enroll in the 2025 regularization program
• It covers outstanding own contributions, withheld amounts, transfer taxes, foreign trade duties and compensatory fees for fiscal years 2023 or earlier
• Eligible participants can obtain a 100% reduction on fines, surcharges and enforcement costs, suspend administrative collection procedures and spread payments over up to six installments
• Applicants must not have benefited from the general condonation schemes of 2000, 2007 or 2013, must hold no final convictions for tax crimes and must not appear on the 69-B or 69-B Bis lists
• Social-media commentary saw the SAT’s timing as a signal to Ricardo Salinas Pliego’s Grupo Salinas as it fights about 74,000 mdp in 32 active tax disputes