| Microsoft Simplifies How Mexican Citizens Pay Taxes Luis Martin del Campo - Microsoft | |
| go to original June 11, 2016 |
|
![]() |
Imagine being able to pay your taxes online in five minutes or less - with your tax refund arriving just five days after you file. While that may sound improbable to taxpayers living in most parts of the world, it’s something Mexican citizens are actually experiencing.
Mexico’s tax authority, Servicio de Administración Tributaria (SAT), is using a customized Microsoft application for cloud-based tax collection based on Microsoft Azure that individuals and businesses can use to pay their taxes in a matter of minutes. Citizens simply log onto SAT’s portal with their tax ID number, review the earnings and deductions that have been automatically calculated and entered, and then file their return - with tax refunds deposited to their bank account within five days.
The solution is a truly self-service platform for paying taxes. It automatically knows citizens’ earnings and the amount of taxes their employer withheld. And because business purchases in Mexico are invoiced electronically, it can record all the purchases citizens made that are deductible as tax write-offs. All this information is displayed on a pre-populated tax return, with taxpayers able to enter tax deductions that the application neglected to include. Once they’ve confirmed the numbers, they simply push a button to automatically file their tax return - a process that can be completed in less than five minutes.
For SAT, the annual tax season between March and April is a hugely busy period in which the federal agency processes millions of documents from both individuals and businesses. SAT used the Microsoft tax collection application to process 100 percent of online tax returns this year - with zero downtime and no major incidents.
Read the rest at Microsoft
We invite you to add your charity or supporting organizations' news stories and coming events to PVAngels so we can share them with the world. Do it now!
From activities like hiking, swimming, bike riding and yoga, to restaurants offering healthy menus, Vallarta-Nayarit is the ideal place to continue - or start - your healthy lifestyle routine.