In a recent communiqué , the SAT confirmed that the mandatory use of CFDI 3.3 will be delayed until January 1, 2018. This means that version 3.2 can continue to be used until December 31, 2017.
The SAT acknowledges the scale of this change in modernization of the billing system for taxpayers, which is why it has issued this extension before finally rolling out the single definitive version in January 2018.
On July 1, the option of using the new CFDI version 3.3 came into force, prior to becoming mandatory on December 1, 2017. The process has already been validated with the SAT and is now up and running.
EDICOM is fully operational and ready to stamp invoices with the new version and implement the necessary requirements for rollout of the new add-on features.
EDICOM was the first PAC in Mexico and, since CFDI invoicing via Internet became mandatory, we have been working with the SAT on the development of the new electronic invoice, contributing our vision and experiences with clients to help simplify tax compliance.
In a worldwide ranking of e-invoicing expansion, Mexico would top the ratings. In 2015, the Tax Administration Service (SAT) rolled out the obligation to issue CFDI for all taxpayers, which finally led to massification of this technology. But what was the objective?
Although e-invoicing entails benefits such as encouraging innovation, the elimination of the paper in companies or economic cost savings, Mexico’s tax authority opted for this initiative to achieve two great goals: to simplify compliance and, most of all, to fight tax evasion. Now, a report published by the Monterrey Technological and Higher Education Institute concludes that introducing the CFDI has had a significant impact on tax evasion, one of the main economic issues dogging the country.
According to the Monterrey Technology Institute’s study, the obligation to issue CFDI, which came into force in 2015, led to growth in Income Tax (ISR) to the tune of 6,6% for legal entities and 21.3% for individuals. This is the most widely collected tax for the SAT, hence the importance of avoiding fraud.
Mexico’s tax administration is continuing with its policy to improve electronic invoicing as well as the online digital tax document. These improvements stem from the tax administration’s conversations with key actors involved in the digital transformation of the country such as entrepreneurs, accountants, system developers and providers that are authorized and certified.
After communicating the implementation of the new version (3.3) of the online digital tax document and the incorporation of the updates for some of its complements, the tax administration has now published some guidelines that will affect taxpayers in the next few months. They are as follows:
The first of these guidelines directly affects the mandatory use of version 3.3 and the migration to the new schema. Version 3.3 will go into effect on July 1, 2017, however, version 3.2 may continue to be used to issue invoices until November 30, 2017. As of December 1, 2017, the only version valid for issuing electronic invoices will be version 3.3.
As for the payment receipt complement, it will be optional as of July 1, 2017, but only with version 3.3 of the electronic invoice and it will be mandatory starting on December 1, 2017.
All of the improvements being made by the tax administration are aimed at improving data quality and increasing ease of use for taxpayers. Nearly 90% of taxpayers have already migrated to version 3.3 of the online digital tax documents. With its online digital tax document platform, EDICOM provides solutionsfor all types of businesses for simplifying and automating the task of sending and receiving online digital tax documents such as a receipts portal, a Vendor portal, CFDI payrolland Addendum Service.