Who can pay taxes under this model?
The Resico is aimed at legal entities with annual income of less than 35 million pesos and individuals with business activity that earn less than 3.5 million pesos in the same period.
“Those natural persons who only carry out business or professional activities or grant the temporary use or enjoyment of assets may register, provided that all of their own income from the activity or activities, obtained in the immediately preceding year, does not exceed the amount of 3 million five hundred thousand pesos”, details the SAT.
What is the Simplified Trust Regime?
The SAT defines it as an administrative simplification so that the payment of income tax (ISR) is made in a simple, fast and efficient way.
It focuses on micro, small and medium-sized enterprises (MSMEs), which, according to the organization, obtain the following benefits:
- Automatic tax calculation.
- Administrative facilities.
- Scheduled statements.
- Low rates of Income Tax.