Tax authorities in Venezuela and Mexico issue new compliance guidelines

Tax authorities in Venezuela and Mexico have issued clarifications regarding tax identification requirements for businesses and consumers.

In Venezuela, the National Integrated Service of Customs and Tax Administration (Seniat) has established that the Tax Information Registry (RIF) must be identified in all advertising or commercial content shared via social media and digital platforms. This includes businesses using Instagram, Facebook, and websites to promote services. Under new regulations, the RIF certificate no longer has an expiration date, simplifying administrative processes, though taxpayers must still update their information if fiscal data such as address changes.

In Mexico, the Tax Administration Service (SAT) warned that businesses cannot condition the issuance of an invoice on the presentation of a full tax status certificate. According to Omar Horacio Flores De la Paz, an administrator for SAT in Ciudad Juárez, customers only need to provide their RFC, tax regime, and postal code. Failure to comply can result in fines ranging from 22,000 to 122,000 pesos under the Federal Tax Code.