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September 11, 2019 Mexico: VAT on digital services bill submitted to Chamber of Deputies On 5 September 2019, a bill was submitted to Mexico’s Chamber of Deputies that would amend the Value-Added Tax (VAT) Law and the Federal Fiscal Code (FFC) to impose a VAT on digital services rendered by nonresidents without a permanent establishment in Mexico to customers located in Mexico. Those nonresidents, however, would be entitled to opt to pay the VAT directly or be subject to a VAT withholding mechanism provided by the VAT Law. The current draft does not provide additional details as to how a nonresident without a permanent establishment in Mexico would make a VAT payment directly without a Mexican tax identification number. However, the proposal does provide that financial institutions and other persons through which the payment of services is made in advance would be required to withhold the VAT, instead of the customers. Additionally, the bill also would amend the FFC to establish that the financial institutions and other persons through which the payment of services is made will be jointly liable for any unpaid tax. To be enacted, the bill has to be approved and then published. Once enacted, regulations to implement the amendments would be issued by the Mexican tax authorities. This bill is independent of the economic package for 2020, which was submitted on 8 September 2019, by the Mexican Federal Executive to the Congress. The economic package also includes changes in connection with digital platforms. A separate Tax Alert will provide further details on the economic package for 2020. For additional information with respect to this Alert, please contact the following: Ernst & Young LLP (United States), Latin American Business Center, New York
Ernst & Young LLP (United States), Latin American Business Center, Chicago
Ernst & Young LLP (United States), Latin American Business Center, Miami
Ernst & Young, LLP (United States), Latin America Business Center, San Diego
Ernst & Young LLP (United States), Latin America Business Center, Houston
Ernst & Young LLP (United Kingdom), Latin American Business Center, London
Ernst & Young Tax Co., Latin American Business Center, Japan & Asia Pacific
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