RULE 5.5.1: REDUCTION OF LOSSES, WASTE AND SPARE PARTS

For the purposes of articles 27, section XIV and 147, section XII of the Law on Income Tax (Ley del Impuesto sobre la Renta), in the case of waste, these will be deductible until they are returned, destroyed, donated or destined for the definitive import regime, in the case of losses when they are consumed.

In the case of spare parts, tools and accessories imported under the IMMEX Program, which are used in the production process, they may be deducted at the time of temporary importation.

For the purposes of this rule and of articles 106, third paragraph (LA: Art. 106) of the Law and 163 (RLA: Art. 163) of the Regulation, merchandise destined to the maintenance and repair of goods imported temporarily under article 106, section V (LA: Art. 106) of the Law, as long as they are not incorporated into the cars or trucks of recreational vehicles, they may be deducted until the goods replaced by them are returned abroad, destroyed or imported definitively.

Law 106 (LA: Art. 106), 108 (LA: Art. 108), 109 (LA: Art. 109), Law on Income Tax (Ley del ISR) 27-XIV, 147 XII, Regulation 163 (RLA: Art. 163), 171 (RLA: Art. 171)