On January 4, 2024, the Tax Administration Service informed the updates and improvements for filing the 2023 annual return for corporations (Communiqué 002/2024), among which the following stand out:

  • Elimination of "Statement of cash flow" and "Statement of changes in stockholders' equity".
  • Preloaded financial statements for the immediately preceding fiscal year.
  • Addition of the immediate investment deduction provided for in the Relocation Decree, published in the Official Gazette of the Federation on October 11, 2023 and of the tax benefits granted to taxpayers in the areas affected by Hurricane Otis, in the forms of both the General Regime of Law and the Simplified Reliance Regime (RESICO).
  • Tax loss carryforwards not shown on the form, arising from returns for fiscal years 2013 to 2021, may be added.
  • The first and second restatement of the tax loss carryforwards are included, in the event that they were generated in the immediately preceding year.
  • The format of the financial statements is renewed to provide greater certainty when viewing the taxpayer's data generated in the Annual Statement.

Said statement indicates that in order to send the tax return, in addition to having the electronic signature (e.firma), it is necessary to be up to date with the provisional payment returns, annual income tax returns (ISR) for previous years, withholding tax returns for payments made for leasing, fees, RESICO of individuals, wages and salaries, assimilated payments and dividends, so we suggest reviewing your tax situation before the due date of said return.