The 4 bank deposits that do not generate taxes according to the SAT

2024-07-27 12:33:19

He Service tax administration (SAT) establishes that there are 4 types of bank deposits that They do not generate taxes do you know which ones they are?

Few people know that some transactions may generate taxes, so it is important that you know the tax provisions and information corresponding to your contribution regime.

If you still don’t know if you are exempt from these taxes, here we tell you what they are. 4 bank deposits that do not generate taxes according to the SAT.

money (CUARTOSCURO.COM / Crisanta Espinosa Aguilar)

These are the 4 deposits that do not generate taxes for you with the SAT. Which ones do you know?

First of all you should know that any bank deposit that exceeds the 15 thousand pesos in a month, have and must be notified to the SAT.

Because these are large amounts of money, this amount generates the tax on Cash Deposits (IDE) as stipulated in the Official Gazette of the Federation published on October 1, 2007.

Otherwise, they are the following: 4 types of deposits that do not generate taxes before the SAT:

1. Electronic transfers (account transfers, credit instruments, checks, promissory notes or system agreed with institutions of the financial system)
2. Cash deposits (for amounts not exceeding 15 thousand pesos)
3. Payments by transfer or electronic transfers (regardless of amounts greater than 15 thousand pesos)
4. Electronic transfers of funds made by residents abroad (because it is not considered a cash deposit)

Does SAT monitor cash deposits? (Michelle Rojas / SDPnoticias)

Why does the SAT charge me taxes?

As the name suggests, the Tax Administration Service (SAT) It is an institution that is responsible for the “collection of taxes” and is part of the Ministry of Finance and Public Credit in Mexico.

The SAT is responsible for collecting taxes and ensuring that all taxpayers pay their fair share and thus “contribute” to programs or constructions.

Taxes are allocated to public education, justice, security, public hospitals, infrastructure and public road services.

Also included are programs and projects supporting social and economic development.

SAT (Darkroom / Moses Pablo Nava)

2024-07-27 12:33:19