a bit more......
Baseless rumors concerning SAT and a Tax id number.
The Lemming effect.
I sent inquiries to 3 different notaries in 2 states concerning the legal obligation for foreign legal residents of Mexico to have a tax id. I will
say it for the last time: There is no legal obligation for foreign individuals to get a tax id in this country unless you generate income in Mexico,
salary, rents, commissions, a business, etc. You don't need one, except if you wish to obtain an exemption on the capital gains tax resulting from the
sale of your house.
This is the consensus from the 3 notaries:
"It is my understanding that this is not an obligation for foreign legal residents, consult with a CPA"
If you do not fall under any of the previously outlined cases and you are still registering with SAT then there is nothing I can add except to say
that you fell prey to unfounded rumors.
Ex-pat magazines and forums proposing to get a tax id should acknowledge the mistake and quit stirring baseless fears and exposing foreign nationals
that will now be at the mercy of a merciless leftist federal government that is known to freeze bank accounts on mere suspicion and ignoring due
process.
One of the objectives of this legal blog is to promote awareness based on factual information, nothing else. I have written enough and provided legal
analysis of the reform and concluded that this obligation applies only to foreign legal residents of Mexico with income generated here, those with a
business or homeowners wishing to get a tax exemption on capital gains.
Best of luck with the consequences of reacting to unfounded rumors.
Regards,
Rafael Solorzano. |