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ARTICLES

LEGAL RESOURSES

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    • ARTICLE 111: APPLICABLE PENALTIES RELATED WITH THE PRESENTATION OF DECLARATIONS OR ACCOUNTING

    A penalty of three months to three years of imprisonment will be imposed, to whom:

  • (Repealed).

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  • Record their accounting, tax, or social operations in two or more books or in two or more accounting systems with different contents.

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  • Hide, alter, or destroy all or part of the books accounting systems or records, as well as the documentation related to the respective entries, which according to the tax laws are required to carry out or, being obliged to have but do not have them.

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  • Determine losses with falsehood.

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  • Be responsible for omitting the presentation for more than three months of the informative declaration referred to in the first paragraph of article 178 of the Law on Income Tax (Ley del Impuesto sobre la Renta) or submitting it incompletely.

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  • By itself or by an interposing person, disclose, make personal, or improper use through any means or form of confidential information that affects the competitive position provided by third parties referred to in articles 46, section IV and 48, section VII of this code. (CFF: Art. 46) (CFF: Art. 48)

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  • (Repealed).

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  • Submit false information or improperly accounting operations or transactions, fiscal or social, or that have false documentation related to such latter.

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    No complaint will be made, if the person found in the above cases remedies the omission or the illicit before the tax authority discovers it or there is a requirement, visit order or any other procedure notified by it, tending to verify compliance with the tax provisions.