
Tax obligations not only depend on being a natural or legal entity, there are also different types of tax regimes that depend on the type of business the taxpayer does. The SAT ensures that we always comply with our tax obligations and monitors all taxpayers to be able to make sure that these obligations are met. It should be borne in mind that revisions to the same sanctions can always be requested in order to get an extension and even the “pardon”, so to speak, of the said sanction, taking into consideration that all the requirements of the SAT must be fulfilled in a timely manner. It should also be known how the different rules and regulations apply in our businesses or operations, the facilities that exist to be able to comply with the Fiscal Authority, and the possible sanctions that may be generated for not complying with the guidelines that are required. The first thing that each natural or legal entity must do is to document or educate themselves regarding the obligations that their tax regime requires.

Likewise, any legal entity or natural person that begins or wants to start doing business within the Mexican Republic must be kept informed and has to be able to comply with all the requirements that this entity requires. Whether they are individuals or legal entities, they will always have to ask an expert in tax regulations to be able to adequately comply with the provisions that the SAT requires of their taxpayers. Both individuals and corporations have the obligation to comply with the regulations and requirements of the tax authority and there are so many changes and updates that the Tax Administration Service (the SAT), performs requiring taxpayers to be well informed.
