Bar restaurants will have to pay 4.98% ISR: SAT

Restaurants/bars with waiter services will have to pay 4.98% of Income tax (ISR) for the 2020 fiscal year. While the ISR rate for the 2021 fiscal year will be 4.79%, this was reported by the Service tax administration (SAT).

This Tuesday, the SAT published the third list of effective ISR rates for 2023 that will apply to 40 economic activities from nine economic sectors for the fiscal years of 2021 and 2021.

The rates are established based on the information available from the SAT itself, such as that obtained in annual declarations, fiscal opinions, information on the fiscal situation of taxpayers, informative declarations, digital tax receipts online (CFDI), petitions, among others.

The sectors that the SAT will review are construction, electricity, water, and gas supply through pipelines to the final consumer, manufacturing industries, mining, temporary accommodation services, and food and beverage preparation, business support services, and waste management. and remediation services, financial and insurance services, professional, scientific and technical services and transport, mail and storage.

It should be remembered that the list of effective ISR rates is only addressed to large taxpayers, which are those that generate annual income greater than 1,500 million pesos and that represent less than 1% of the total taxpayer registry.

For her part, the Taxpayer Defense Attorney (Prodecon) explained that the publication of the rates does not automatically imply tax consequences, but that its usefulness is that large taxpayers can consult the effective ISR rate corresponding to the economic activity to which they belong and compare it with their own effective rate. to measure your tax risks.

In the event that the SAT rates do not correspond to those of the taxpayers themselves, they will have to correct their tax situation by submitting complementary annual returns.

Contact taxpayers

The SAT explained that those taxpayers whose effective rate is below the published parameters have been contacted so that they “carry out their analysis and voluntarily correct their tax situation by submitting complementary annual returns.”

“In order to facilitate and encourage voluntary compliance, the SAT reiterates the invitation for taxpayers to consult the effective tax rate corresponding to the economic activity to which they belong and compare it with their own effective tax rate for each fiscal year. to measure their tax risks”, explained the government agency.

The publication of the rates is part of the “Examination Actions” detailed in the “Master Plan for Examination and Collection 2023” of the Tax Administration Service. However, the publications of the effective rates for large taxpayers entered into force in 2021.

santiago.renteria@eleconomista.mx