THE SAT, AN ALLY FOR YOUR COMPANY.

As a preamble it is necessary to define, what is the SAT? The Tax Administration Service, SAT, for its acronym in Spanish, is a government institution in charge of federal tax collection in Mexico.

As we have all noticed during the last months and even since last year, the SAT has made constant changes in its procedures with which we have created a fairly grotesque image of this authority, facing a multitude of procedures, reviews, applications, implementations and more, that make us consider them unnecessary or annoying.

It is been said in the last few months that as taxpayer they generate us new obligations, our activities and tasks grow, changes increase the time spent in training, updating and understanding of these regulations and could even increase the expenses in the company to manage to count everything stipulated.

On the other hand, we must not forget that the progress of the SAT has gone hand in hand with technology, launching online procedures for which at other times we had to do it in person, procedures such as consultations on their website, upload and download of tax documents, issuance and location of invoices, notifications or information on mobile, mail or internet, among many others, which in turn have minimized the time spent in various processes.

In other words, the SAT has also provided us with practical tools to generate our fiscal obligations, which together with a good accounting program give an important boost to the administration of a company. And something also very important is that based on these updates many companies have managed to become independent from the famous accountants, which, as time progresses will be considered obsolete at least for micro, small and medium enterprises where directors or owners have a specialty corresponding to the company’s line of business, very different or that is not familiar with accounting, such as architects, doctors, artists, dancers, marketers, designers, in short, many specialties that previously could not perform certain activities in the administration of your company, but with the help of the new SAT implements they have guidelines that provides them with knowledge to generate, at least the basics of their accounting and compliance with their tax obligations for themselves and therefore with less costs.

On the other hand, it is important to mention that these measures allow the SAT to obtain the information as it works for them, giving us these guides to personally inform us of our operations, which in secret (not so secret) has helped them locate all those taxpayers illegal, unfulfilled or tax evaders.

Based on this, the authority has reported progress in its collection figures obtaining tax revenues of up to 1.4 billion pesos, only in the first 5 months of the year.

In the same way, they had worked with a focus on the audits of companies, raising with this up to 44 billion pesos only in the first quarter of the year. These changes have achieved a significant advance in the efficiency of this authority, which themselves are the result of the solid management and strict compliance with the regulations, with the purpose of encouraging the compliance of all taxpayers.

We also find within these advances’ new methods for searches, complaints and clarifications, which in a certain way have supported all those taxpayers who seek to take care of those who do not act according to the Law.

As part of the Administration team in IMPOEXPORTA, support to protect the integrity of the company and mainly that of the clients who give us the confidence to manage their assets, livelihoods and even their family assets, within our many methods we support ourselves with the authority to find all those taxpayers reported or denounced so as not to be victims of these, thus achieving greater security when offering our services.

In IMPOEXPORTA, month by month we review new and recurring suppliers in order to find a fraudulent or apocryphal provider to demarcate relationship or avoid contracting these services. For this we use as a base all the lists, publications, reports that the SAT reports and even the same portal, working day by day in procedures that go hand in hand with our objective. We make what the authorities have created functional, giving it a beneficial approach for the company.

Returning a little to the end of this publication, the reason why we consider the SAT authority as an ally for our company and its operations is that based on its changes or implemented measures we have been able to continue along the lines of providing security and stability for our clients which has characterized us throughout these 17 years.

Ana Sulub.
Head of Administration of IMPOEXPORTA.