Breaking News: Mexico SAT Mandates CFDI 3.3 for 2017

December 9, 2016 Steve Sprague

Organizations will have until July 1, 2017 to go live.

The much anticipated CFDI v.3.3 has finally been mandated by the Mexico SAT.  This is one of the biggest changes to the CFDI schema since 2011. Versions 3.2 and 3.3 will apply simultaneously during the first half of 2017.

Some of the new validations for CFDI v.3.3 will include the following:How to Prepare for Compliance Changes in Mexico and Colombia

  • 23 new catalogs
  • time zones with respect to the place of issuance
  • transferred and retained tax according to catalogs
  • changes to payment type
  • use of different currencies other than pesos

Please click the following link to the SAT website for more details on the legislation: http://www.sat.gob.mx/informacion_fiscal/factura_electronica/Paginas/Anexo_20_version3.3.aspx

With this new version in place, the fiscal authority in Mexico will be able to collect more accurate transactional information and at the same time improve the quality of the data being collected.

Please listen to webinar replay to learn more about these upcoming changes during. Listen to webinar replay or contact us to understand how these changes may impact your organization. 

Previous Article
Mexico Announces E-Audit Revenue of 55.8 Million Pesos
Mexico Announces E-Audit Revenue of 55.8 Million Pesos

The implementation of automated electronic audits in Mexico is a pivotal transition in global compliance. T...

Next Article
Update: Mexico’s Electronic Audits Underway
Update: Mexico’s Electronic Audits Underway

Mexico’s tax authority, the SAT, announced its implementation of real-time, electronic audits earlier this ...