Revisión fiscal

English translation: tax review

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

Spanish term or phrase:	Revisión fiscal
English translation:	tax review
Entered by:	Lydia De Jorge

18:50 Mar 18, 2020

Spanish to English translations [PRO]
Law/Patents - Law: Taxation & Customs / Edificio en obra gris

Spanish term or phrase: Revisión fiscal

¿Alguien conoce el equivalente del término "revisión fiscal" de acuerdo con la siguiente definición del derecho mexicano?
Revisión fiscal es el recurso de apelación que procede contra las sentencias dictadas por la sala superior del Tribunal Fiscal de la Federación ante la segunda sala de la Suprema Corte de Justicia, cuando se considera que en el asunto existe importancia y trascendencia de carácter nacional.

AltoSignificado KudoZ activity Questions: 297 (4 open) (16 without valid answers) (23 closed without grading) Answers: 3
Local time: 07:04

tax review

Explanation:

Mexico - The Tax Disputes and Litigation Review - Edition 7 ...thelawreviews.co.uk › edition › mexico
The litigation process in Mexico is evidence-focused and very formalistic. Tax ... While a tax assessment is challenged in an administrative appeal, taxpayers are ...

Tax Mediation, Administrative and Judicial Appeals in Mexicotaxpayerrightsconference.com › abstracts-papers › tax-mediation-adm...
In Mexico there is a close relationship between tax mediation, administrative appeal ... The most common disputes between the tax authorities and taxpayers ... act is carried out by an official who did not participate at all in the review process; ...

The Administrative Review Process for Tax Disputes - World ...documents.worldbank.org › curated › pdf › The-Administrative-Revi...
PDF
14 LAC countries with separate tax-review authorities include Jamaica, Argentina , Mexico, and Panama. Internal Review by a Tax Board or Administrative Tax ...

Tax litigation in Mexico: overview | Practical Law - Westlawcontent.next.westlaw.com › Document › View › FullText
Taxpayers have 30 business days to file an administrative appeal with the tax authority against the ruling issued by the tax authority to resolve the dispute prior to formal litigation (the time limit runs from the day on which the taxpayer receives the notification of the ruling from the tax authority).

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Note added at 1 hr (2020-03-18 20:35:29 GMT)
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It is nothing more than an Administrative Review Process for Tax Disputes also known as Tax Review.

Selected response from:

Lydia De Jorge
United States
Local time: 08:04

Grading comment

Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer

Summary of answers provided

4 +3

tax review

Lydia De Jorge

tax appeal

bigedsenior

tax re-assessment

AllegroTrans

Summary of reference entries provided

recurso de revisión en materia fiscal

andres-larsen

Taña Dalglish

Discussion entries: 4

Answers

1 hr confidence:

peer agreement (net): +3

tax review

Lydia De Jorge
United States
Local time: 08:04
Native speaker of:

Spanish,

English
PRO pts in category: 24

Grading comment

Selected automatically based on peer agreement.

10 hrs confidence:

tax appeal

Explanation:
If it is in the US, a taxpayer that has been audited and assessed additional taxes can take his case to the IRS Office of Appeals. The appeal has to be requested within 30 days of the assessment.

https://www.irs.gov/government-entities/federal-state-local-...

bigedsenior
Local time: 06:04
Specializes in field
Native speaker of: English
PRO pts in category: 125

3 days 21 hrs confidence:

tax re-assessment

Explanation:
As this is about tax cases before the courts (on matters oif national importance) I think re-assessment is some how better than review

AllegroTrans
United Kingdom
Local time: 14:04
Specializes in field
Native speaker of:

English
PRO pts in category: 73

Reference comments

1 hr

Reference: recurso de revisión en materia fiscal

Reference information:
EL RECURSO DE REVISIÓN EN MATERIA FISCAL, ¿JUICIO ...
www.justiniano.com › revista_doctrina › IXOYE
Por ejemplo en materia de amparo, existen los recursos de revisión, queja y ... Este juicio se promueve ante el Tribunal Fiscal de la Federación a petición de la ... cuales procede el recurso: en contra de las resoluciones dictadas por las salas ... a petición de parte por la Segunda Sala de la Suprema Corte de Justicia de la ...

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Note added at 2 hrs (2020-03-18 21:09:07 GMT)
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Tax Mediation, Administrative and Judicial Appeals in Mexico
taxpayerrightsconference.com › abstracts-papers › tax-mediation-adm...
If that judgment is confirmed, it can be appealed to the Supreme Court of Justice as long as the tax conflict identified during the audit involves an aspect of constitutionality. The decisions of the Supreme Court cannot be challenged.

andres-larsen
Venezuela
Native speaker of:

English
PRO pts in category: 4

1 hr peer agreement (net): +1

Reference

Reference information:
Tax review?

https://home.kpmg/us/en/home/insights/2019/12/tnf-mexico-tax...
Mexico: Tax reform for 2020; focus on international taxation, digital taxation, other items

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Note added at 1 hr (2020-03-18 19:55:22 GMT)
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https://www.lexology.com/library/detail.aspx?g=718609da-59d5...
Enforcement

Compliance with tax laws

How does the tax authority verify compliance with the tax laws and ensure timely payment of taxes? What is the typical procedure for the tax authority to review a tax return and how long does the review last?

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Note added at 1 hr (2020-03-18 19:57:15 GMT)
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Typically, a tax audit starts with the notification of an official letter containing the list of taxes that are to be reviewed and over which period. Usually, the tax authorities have a 12-month period to review the documentation provided by the taxpayers and issue an official letter including the observations that could result in a tax assessment (certain exemptions apply). After being notified of such official letter, taxpayers have a deadline of 20 working days to provide additional information.

If the documentation provided by the taxpayer is considered insufficient by the tax authorities, they have six additional months to issue the corresponding tax assessment.

A tax audit usually lasts one year (not taking into account the six-month term the tax authorities have to issue the corresponding tax assessment). However, the following exceptions exist:

audits initiated to financial institutions or business groups that consolidate for tax purposes can last 18 months;
audits in which the tax authority requests information from foreign tax authorities can last two years; and
audits related to transfer pricing issues or verification of the origin of goods can last two years.
Types of taxpayer

Are different types of taxpayers subjected to different reporting requirements? Can they be subjected to different types of review?

Yes, the Mexican tax laws provide several differentiated reporting obligations depending on the type of taxpayers (as a matter of fact, such reporting obligations frequently transcend to other subjects dissociated from the tax relationship).

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Note added at 3 days 21 hrs (2020-03-22 16:06:19 GMT)
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http://www.taxsummaries.pwc.com/ID/Mexico-Corporate-Tax-admi...
Tax audit process
In general terms, for taxpayers that elected to file a tax-compliance audit report, the tax audit (tax inspection) may start with a review of the audit report prepared by the independent CPA. At this point, the tax authorities may finish the audit if they are satisfied with the information provided by the CPA; otherwise, tax authorities may initiate a direct review on the taxpayer either at the tax authority's offices or at the taxpayer's facilities. Tax authorities may request several documents from the taxpayer and third parties that carried out transactions with the audited taxpayer.

Tax audits should be concluded within the following 12 months after the audit was initiated. The period to conclude tax audits for taxpayers that are either part of the financial system or consolidated for tax purposes is 18 months. In cases where the Mexican tax authorities request information to tax authorities from foreign jurisdictions, the period to conclude the audit is two years. The above periods might be suspended under certain circumstances (e.g. a judicial recourse or appeal initiated by the taxpayer against the tax authorities). Upon conclusion of the audit, the tax authorities should issue either a notification explaining tax underpayments observed during the audit process or a notification of conclusion if no issues remain open at the end of the inspection.

Finally, tax authorities should issue a notification of assessment within the six months after the conclusion of the tax audit. At this point, all underpayments claimed by the tax authorities become due.

Taña Dalglish
Jamaica
Native speaker of: English
PRO pts in category: 82

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Revisión fiscal

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