On December 28, 2018, the economic package for 2019 was
published on the Official Gazette of the Federation, effective
January 1, 2019.
The Federal Revenue Law for 2019 does not include any increase on
existing taxes, the creation of new taxes or any other charges on
the gasoline price.
Universal Offsetting Benefit Eliminated
One of the most significant changes is the elimination of the
universal tax offset. This means that only the offset of favour
balances made against payable amounts of the same tax will be
applicable.
Therefore, any offset only will apply when referring to the same
tax and shall not apply to third-party withholdings or other
taxes.
The new rule states, however, that those receivable balances
generated up until December 31, 2018, can still be offsetted
against other federal taxes, except against any withholding tax, as
mentioned above.
