As previously communicated in our Client Alert 17, the Mexican Tax Administration Service ("Tax Authority") has finally enabled the software to be utilized by maquiladora and Shelter companies to file the Informative Return of Maquila Operations and Exportation of Services ("DIEMSE") correspondent to fiscal year 2014.
Originally, the filing term for the DIEMSE 2014 was from February 15 to March 15, 2016. However, due to its novelty and the uncertainty raised in the maquiladora industry towards specific aspects of DIEMSE 2014, the Tax Authority has granted an extension of the deadline to file the DIEMSE for 2014 through a draft of the First Amendment to the Miscellaneous Tax Rules for 2016 ("Tax Rules").
In this regard, on March 10, 2015, the Tax Authority published in its website a draft of the First Modification to the Tax Miscellaneous Rules for 2016, by which the DIEMSE 2014 would be due no latter than April 15, 2016. Bear in mind that the extended deadline may be argued under the terms of rule 1.8 of the Tax Rules. Although, it will not be official until its publication in the Federal Official Gazette.
If you want to review the Spanish version of the First Amendment to the Tax Rules you can click here.