WMTA NOVEMBER MEETING MEXICAN CUSTOMS UPDATE NEW OBLIGATIONS VALUE ADDED TAX FOR TEMPORAL IMPORTATION FOR 2015 (IMMEX) – Certification – Bond (Revolving)

Slides:



Advertisements
Similar presentations
MEXICAN CUSTOMS UPDATE
Advertisements

FOREIGN TRADE GENERAL RULES 2011 WMTA Monthly Meeting August 2011.
CERTIFIED COMPANIES Tax Department (Foreign Trade) April 10th, 2012.
1 RXQ Customer Drop Submitted by Distribution Company Process Flow Diagram Customer Supplier Distribution Company 2 1 sends Drop Request to Supplier.
1 Drop Submitted by Supplier Customer Supplier Distribution Company Supplier sends Drop Request to Distribution Company (??) Distribution Company receives.
WMTA FEBRUARY MEETING CUSTOMS UPDATE CUSTOMS RULES DATESubject Nov. 281 st. MODIFICATION TO CUSTOMS RULES 2013 Elimination of 12 customs inspection points.
STEP 1 ARRIVAL OF MERCHANDISE AND DOCUMENTATION The merchandise arrives at the broker's terminal on the U.S. side of the border. The commercial invoice.
Título de la presentación Fecha IMMEX Publications Last June 27 th Publication created confusion regarding VAT inter-maquila transfers. Such rule is limited.
Mexico’s Tax reform impact for the future
Control System for the Credit Accounts and Guarantees (SCCCyG) regarding VAT Certification Conference given by the Tax Authority (SAT) on October 6th,
U.S. – Canada Softwood Lumber Agreement 2006 January 2007.
Western Maquila Trade Association August 17, 2011.
WMTA FEBRUARY MEETING MEXICAN CUSTOMS UPDATE TOPICS HEALTH DEPARTMENT APPLICATIONS (VU) IMPORT-EXPORT TARIFF AND PROSEC MODIFICATION SECRETARY OF ECONOMY.
 NAFTA Verification Audit Highlights  Mexican Foreign Trade Rule Changes Customs Highlights.
Overview of Value Added Tax. Objectives After this presentation, your should be able to: provide a comprehensive definition of value added tax determine.
How to read a FINANCIAL REPORT
©2010 Galaz, Yamazaki, Ruiz Urquiza, S.C. "New Decree to facilitate tax compliance in México...[sic]". Digital Invoices. Control over deposits July 21,
Customer Service Module Course Contents Table of Contents Enter A Request Search A Request Create Invoice (Funeral home request) Search Invoice Manage.
WMTA SEPTEMBER MEETING CUSTOMS RULES 2014 CUSTOMS RULES RULE NO.Subject 1.3.3LIST OF IMPORTERS SUSPENSION Fracc. XXXV If income declared by importer.
(Insert name of PCC) Applying for Nonprofit Mailing Privileges Using PostalOne!
PROACTIS: Supplier User Guide Contract Management.
Journalizing Sales and Cash Receipts Using Special Journals
How To Order First Health Part D Kits. 2 How To Order First Health Part D Kits – Step 1 Our user-friendly web-based ordering system makes it simple for.
Proposed changes to the IMMEX Decree Héctor Silva Tax Deloitte WMTA meeting/breakfast November 17, 2010.
©2010 Galaz, Yamazaki, Ruiz Urquiza, S.C. “HIGHLIGHTS BEFORE FILING THE MEXICAN ANNUAL TAX RETURN” Héctor Silva Meeting - Breakfast March 17, 2010.
WMTA Monthly Meeting June  Dated April 24, the Third Amendment to the Mexican Customs Rules was published in Mexico’s Official Gazette. The most.
Date: Sofia. Distribution Process ProductionPre-wholesalingDistribution Pharmacy and hospital market Patient 3.
1 Certification of Community Origin Presenter Bernard Black Senior Project Officer – Customs & Trade Policy CARICOM Secretariat.
OFFICIATING CLINICS AND TOURNAMENT REGISTRATION 1.
CASH AND CREDIT CARD SALES
© 2014 Cengage Learning. All Rights Reserved. Learning Objectives © 2014 Cengage Learning. All Rights Reserved. LO6 Post cash receipts to an accounts receivable.
RECENT TAX ANNOUNCEMENTS THAT MAY AFFECT THE MAQUILA INDUSTRY Héctor Silva Meeting - Breakfast Junio 17, 2009.
©2010 Galaz, Yamazaki, Ruiz Urquiza, S.C. Certified Company Benefits Customs & Global Trade / March 2011.
CHANGES IN FOREIGN TRADE RULES 2007 KARLA CARDENAS.
WMTA Monthly Meeting March  IMMEX Program allows companies to temporary import goods to be used in an industrial process of elaboration, transformation.
WMTA Monthly Meeting February Virtual transactions have been a fundamental practice for maquiladoras and IMMEX Companies. These transactions allow.
US Customs Compliance 101 “What every stakeholder should know about US Customs Compliance”
WMTA Monthly Meeting January Dated December 24, 2010, Mexican IRS Ministry issued modifications to the Foreign Trade General Rules, which imply.
Amendments to the Maquila Decree WMTA – January 19, 2011 Leobardo Tenorio Malof
Implementation Of The (COVE) ELECTRONIC PROOF OF VALUE.
WMTA MONTHLY MEETING MEXICAN CUSTOMS UPDATE APRIL 2012.
INVITATION TO TENDER PROCEDURE INVITATION TO TENDER PROCEDURE IT–4134/EN/LHC Supply and Commissioning of HVAC Systems for Five LHC Surface Buildings B.
Sales and Cash Receipts Journal Review. Lesson 10-1.
Export Documentation Process to take advantage of AGOA/GSP
Improving Efficiency Through the use of Technology Trade Board Information System OVERVIEW.
© South-Western Educational Publishing CASH RECEIPTS JOURNAL Lesson 11-2, page 259.
ENQUIRY NO: MPPPSC The drilling of boreholes, supply and installation of windmills. Prepared by: Hector Mabaso Date: 05 May 2016.
-1- USERS MEETINGS 2016 CREW & MGA APPLICATIONS 1/6/2016.
Budget & Finance. OUTLINESOUTLINES Part 1 : The Eden project in figures Part 2 : Financial relations within the 6th FP 2 1. Roles in the financial process.
© 2014 Cengage Learning. All Rights Reserved.
IMMEX/Maquila Tax Issues General Mexico Tax Update
© 2014 Cengage Learning. All Rights Reserved.
Immediate Supply of Information on VAT
INTERNATIONAL TRADE (Unit 11 – page 54)
LESSON 10-1 Journalizing Sales on Account Using a Sales Journal
ACCOUNTS RECEIVABLE LEDGER AND GENERAL LEDGER CONTROLLING ACCOUNT
RECORDING A DISHONORED CHECK ON A CHECK STUB
Special Journals In Accounting
CASH AND CREDIT CARD SALES
© 2014 Cengage Learning. All Rights Reserved.
© 2014 Cengage Learning. All Rights Reserved.
Special Journals In Accounting
LESSON 10-4 Posting from a Cash Receipts Journal
Journalizing Sales and Cash Receipts
LESSON 10-1 Journalizing Sales on Account Using a Sales Journal
LESSON 10-1 Journalizing Sales on Account Using a Sales Journal
© 2014 Cengage Learning. All Rights Reserved.
LESSON 10-1 Journalizing Sales on Account Using a Sales Journal
Unit 1b – Functions of Departments
LESSON 10-1 Journalizing Sales on Account Using a Sales Journal
Presentation transcript:

WMTA NOVEMBER MEETING MEXICAN CUSTOMS UPDATE

NEW OBLIGATIONS VALUE ADDED TAX FOR TEMPORAL IMPORTATION FOR 2015 (IMMEX) – Certification – Bond (Revolving) – Letter of credit – Out of 6500 IMMEX only 1500 are certified and 2600 have requested additional information. – 435 in Baja California

NEW OBLIGATIONS CONTROL OF CREDIT AND BOND ACCOUNTS (Annex 31 of Customs Rules Nov. 18, 2014) – Initial inventory must be submitted electronically Pedimento number and date HTS Classification Declared value – VAT declared in pedimentos must be submitted – Inventory balance must be transmitted monthly Type of document, period, pedimento no., HTS classification, value.

NEW OBLIGATIONS EXPORTER REGISTRATION (November) – Annex 10 of Customs Rules – Gold, silver, copper – Present application to SAT

Ricardo Rebeil JD GROUP MX BROKER US BROKER CROSS DOCK & DISTRIBUTION (619)