In the midst of the new updates of the Tax Administration Service (SAT), banks as Banorte, BBVA and Santander made an important appeal to their clients with debit cards or credit to update your tax data, and if your account belongs to some financial institutions, pay attention that in The Truth News we bring you the details.
The first thing you should know is that this new data update can be done from the Mobile banking and its objective is to keep your operations before the SAT without setbacks.
As we previously disclosed, version 4.0 of the Electronic bill It includes the name and postal code of the tax address of the issuer and receiver.
Banorte and BBVA request updating of fiscal data
The bank asks to urgently update the fiscal data.
The statement of Banorte, BBVASantander and in general, all financial institutions ask to update the tax data in the bank account such as:
- curp
- R.F.C.
- Fiscal Code
- Full name
The rush to update the tax data is due to the new electronic invoice 4.0 that is mandatory from April 1, 2023 and to be able to comply with the tax return.
Update of data in Banorte
- If your debit or credit card is Banorte, enter your app, select “My Accounts” and click on “Settings”
- Select your “Account”
- Click on Change Tax Regime
- Finally, choose your Tax Regime and confirm
How do I update my tax information at BBVA?
- Check your Proof of Tax Situation in the SAT
- Then enter the BBVA App, click on the upper right menu and enter your “profile”
- Locate “Fiscal Residence” and press “show data”
- Repeat the same process for the “Tax data” section
- Validate the data and click “continue”
- Check that the tax address is the same registered in the SAT and “Continue”
- Confirm the use of your fiscal data and press “Continue”
- Finally, a summary of your information will appear, click on “Continue” and that’s it
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What happens if I do not give my tax information to BBVA?
Not updating the tax data can be creditor to an economic fine.
It is important to be clear that if you do not carry out the process of updating your data in the bank, your file will be incomplete and there could be effects on the operation of your accounts, since it is necessary to comply with the Provisions established by the Law of Credit Institutions.
But also, if as a taxpayer you are obliged to present your declarations before the SAT and you do not update your tax data in BBVA either Banorteyou will not be able to issue invoices and you may be creditor to an economic fine that goes from four thousand to 28 thousand pesos.
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