Background on the Mexican Accounting Institute (IMCP)
The Instituto Mexicano de Contadores Públicos (IMCP) is a professional organization representing certified public accountants in Mexico. With over 20,000 members, the IMCP plays a crucial role in maintaining high standards of accounting practice and advocating for the interests of its members.
The Fiscal Opinion Requirement
Under Mexican tax law, certain companies are obligated to obtain a fiscal opinion (dictamen fiscal) from a certified public accountant (CPI). This requirement applies to businesses that have accumulated revenues of 1,856 million pesos or more in the previous year or those with stocks listed on the Mexican Stock Exchange.
Deadline and Platform Issues
The deadline for submitting the fiscal opinion is May 15. However, due to technical issues on the tax authority’s platform, many CPIs and taxpayers encountered difficulties in meeting this deadline.
Rodolfo Servín Gómez, vice president of relations and diffusion at IMCP, reported receiving reports from associates about technical problems on the tax authority’s platform that prevented timely submission of fiscal opinions for the 2024 tax year.
IMCP’s Response and Recommendations
In response to these issues, the IMCP reached out to the tax authority to address the technical problems and urged CPIs to continue submitting fiscal opinions, even if it meant doing so after the deadline.
Servín emphasized documenting any technical issues clearly and retaining records as proof for future reference. He acknowledged the tax authority’s efforts to resolve these issues but highlighted that numerous taxpayers and accountants faced “significant challenges” in fulfilling their obligations due to the technical failures.
Impact of Platform Failures
As a result of these technical issues, the IMCP reported that out of 6,304 submitted fiscal opinions by May 15, an additional 3,150 were classified as late (extemporáneos) between May 16 and 19. This brought the total to 9,454 fiscal opinions.
On May 16, the highest number of late submissions (2,721) were recorded due to improved system functionality. The IMCP requested that the tax authority recognize these late submissions as timely for the 2024 tax year, given that they were received by the system on May 16 and 17, 2025.
To achieve this, the IMCP proposed removing the “late” classification from relevant acknowledgments and issuing an official communication confirming this decision, providing legal certainty to affected taxpayers.
Key Questions and Answers
- What is the fiscal opinion requirement in Mexico? Certain companies must obtain a fiscal opinion from a certified public accountant if they have annual revenues of 1,856 million pesos or more or if their stocks are listed on the Mexican Stock Exchange.
- What technical issues affected fiscal opinion submissions? The tax authority’s platform experienced technical difficulties that prevented timely submission of fiscal opinions for the 2024 tax year.
- How did the IMCP respond to these issues? The IMCP reached out to the tax authority, urged CPIs to continue submitting opinions despite the delays, and requested recognition of late submissions as timely.
- What was the impact of these technical issues? Out of 6,304 submitted fiscal opinions by May 15, an additional 3,150 were classified as late between May 16 and 19, totaling 9,454 opinions.
- What is the IMCP’s current request? The IMCP seeks removal of the “late” classification from relevant acknowledgments and an official communication confirming this decision to provide legal certainty for affected taxpayers.
