Overview
Mexican Tax Calculations
Mexican sales taxes are calculated for Customer Quotes and Customer Invoices, for loads where the Customer Bill To billing address is in Mexico.
The calculation is based on the quote/invoice Transportation Total value times the tax rate.
A reduction of taxes is calculated if the Customer Bill To Transportation Profile Mexico Tax Retention field is set to “Yes."
Examples (based on 2019 tax rates):
Case 1
Tax Exempt Load.
No taxes calculated.
Case 2
Customer Bill To billing address in US.
No taxes calculated.
Case 3
Customer Bill To billing address in Mexico.
Customer Bill To Mexico Tax Retention equals “No.”
VAT tax calculated: [Transportation Total * 16.000%].
Case 4
Customer Bill To billing address in Mexico.
Customer Bill To Mexico Tax Retention equals “Yes.”
VAT tax calculated: [Transportation Total * 16.000%].
RET tax calculated: [-1 * Transportation Total * 4.000%].