RESICO: reconstructing income from a net bank deposit
A bank deposit can be smaller than collected income before withholding. Reconciling each transaction helps separate VAT, withheld ISR...
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Clear steps for SAT, CFDI, and tax obligations.
Payments to Foreigners: ISR, VAT Withholdings, and Treaties
Before paying a foreign party, classify the concept, residence, source, possible withholding, VAT, treaty, and file documentation.
ISR and VAT Withholdings When Paying Fees or Rent
Before paying fees or rent, identify the parties, concept, base, and obligations to correctly calculate and remit withheld ISR and VAT.