Administrative strategies on the new fiscal regime in cooperative societies of production and services in the state of Tamaulipas

Abstract

Current economic activities, place Production Cooperative Societies and Services, as an alternative to creating jobs, contributing to the creation of production chains and the increase in profitability and liquidity of such organizations, whereas are integrated by individuals with common interests based on principles of solidarity, self-help and mutual aid, in order to meet individual and collective needs as established in the General Law of Cooperative Societies in force. Article 194 of the Law on Income Tax provides that Production Cooperative Societies, which are constituted  only by partners, individuals, to calculate the income tax to them for the activities performed, rather than implement the provisions of title II of this Act, may apply the provisions of Section I of Chapter II of Title IV thereof. The creation of these businesses contributes to the economic development of its members and the community in which they are established, so in search of productive actions, we must not lose sight except for compliance without the inherent tax liabilities these organizations, and today play an important role from the perspective  of the social security and tax regulations. According to the tax rules in 2014, Chapter VII of Cooperative Production Societies, where the ease of paying income tax is set is established.