What happens if I do not make my 2022 annual declaration? These are the SAT fines

Fine for not making the annual declaration

“The fine for not submitting the annual declaration ranges from 1,810 pesos to 22,400 pesos. In addition, this sanction can be up to 44,790 pesos for presenting the statement at the request of the authority and outside the term indicated in said requirement,” explained Laura Grajeda, president of the Mexican Institute of Public Accountants (IMCP).

This is in accordance with the provisions of article 82 of the Federal Tax Code and the amounts updated in Annex 5 of the Miscellaneous Fiscal Resolution in force.

According to the specialist, if you had a mishap that prevents you from delivering the statement, it is best to do it as close to the deadline date, and to do it extemporaneously, and not at the request of the authority.

What happens if the annual declaration is not made?

If a month has passed since the deadline and the return has not been submitted, it is likely that the authority can restrict the digital seal certificate, which is used for invoicing, and if taxpayers do not invoice, their hands are tied, because apart from fines can restrict the digital seal, added José Luis Gallegos, president of the Fiscal Commission of the IMCP.