Tax Jobs in Mexico

Market context

The tax profession in Mexico encompasses roles focused on advising, planning, and ensuring compliance with the nation's complex tax laws for individuals and businesses. Professionals work with direct taxes like Impuesto Sobre la Renta (ISR) and indirect taxes such as Impuesto al Valor Agregado (IVA).

Mexico's tax system is administered by the Servicio de Administración Tributaria (SAT). Key taxes include ISR (Income Tax), levied on corporate profits (currently 30%) and individual income (progressive rates up to 35%), and IVA (Value Added Tax), generally at a rate of 16% on goods and services, with a 0% rate for certain items like medicines and foodstuffs. Large businesses are subject to complex reporting requirements, including electronic accounting and e-invoicing (CFDI), and specific rules for maquiladoras and foreign trade operations. Annual tax declarations (Declaración Anual) are mandatory for both individuals and corporations.

Regulatory timeline

• 2024-01-012024 Tax Reform Package (Paquete Fiscal 2024)Implemented
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• 2023-01-01Amendments to CFDI version 4.0 and Carta Porte requirementsImplemented
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• 2022-01-01Tax Reform Package 2022 (Paquete Fiscal 2022)Implemented
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Skills & tools