Supreme Court: Offset of debts is not a form of payment of VAT for purposes of claiming a credit against VAT in charge

On March 15, 2023, the Second Chamber of the Mexican Supreme Court of Justice issued a binding ruling stating that the value-added tax paid through the offset of debts is not creditable.

 

Our Mexican firm, Mijares, Angoitia, Cortés Y Fuentes, analyses the reasons for the ruling and its impact in more detail.

 

Read more here.

Source: taxand.com