Annual tax declarations can be submitted at different times of the year. Whether you are a natural person or a legal person, your tax declaration must fulfill the requirements of the Tax Administration Service (SAT) tax regime under which you are registered.
You might be interested in our entry: Corporate income tax return.
Annual tax declarations aim to report your income, as well as your eligibility for a tax refund, to the Tax Administration Service (SAT). It is important that you submit your tax declaration in a timely fashion to avoid being sanctioned.
If you are a natural person, you must follow these steps to submit your annual tax declaration:
- Visit SAT’s official website.
- Choose the ‘’tax return’’ option and click on ‘’file your tax return’’ (according to the tax regime that corresponds).
- Enter your Federal Taxpayer Registry Code (RFC) and your password. 4. Fill out the form.
- Sign the declaration and send it.
- You will get an acknowledgement receipt at the end.
You might be interested in our entry: Importance of timely filing of tax returns.
Submitting a tax declaration is the perfect opportunity to report tax-deductible expenses and claim a tax refund. If you do not know the tax regimen you are in, you can verify your information at the Tax Administration Service’s (SAT) online platform, whether you are a natural person or a legal person. This is all useful information for you to submit your annual tax declaration to the SAT. However, we recommend that an expert or tax-savvy person manages these sorts of procedures for you.
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