World and people

Criticism of the alcoholic beverage industry The 2022 economic package , approved by the Legislature, proposes important modifications from the Federal Tax Code and the laws that govern ISR, VAT and IEPS.  Main changes foreseen in the 2022 Tax Miscellaneous  According to the Strategic Notes publication , from the Belisario Domínguez Institute of the Senate of the Republic, there are few reforms contemplated by the Miscellaneous Fiscal 2022 in terms of IEPS .   The most representative changes surround the Law on Electronic Labels for alcoholic beverages and the updating of the rates that apply to fuel for motor vehicles.  As far as the alcoholic beverage industry is concerned, the tax package introduces the concept of electronic labels as "an adaptation to technological and digital evolution".  The aforementioned electronic tag proposes better control and security based on digital folios under SAT guidelines.    Additionally, it is proposed that sm...

The changes that are requested to modernize it At 40 years old, the Special Tax on Production and Services (IEPS) needs some changes, in view of the 2022 tax reform.  In this article we analyze what the Miscellaneous Fiscal 2022 proposes regarding the IEPS, as well as the changes demanded by the alcoholic beverage industry. What is the IEPS?  As we anticipated, IEPS is the acronym for Special Tax on Production and Services , which came into force on January 1, 1981.   The IEPS is a tax or levy on the consumption of certain specific products and services, the use of which is not entirely encouraged, such as:   Tobacco  Alcoholic drinks  Industrialized drinks with added sugars  Industrialized foods with a high caloric content  some fossil fuels  pesticides  According to an educational bulletin from the Taxpayer Defense Attorney's Office ( PRODECON ), the IEPS is a federal tax , which weighs on the production of certain goods and ...