Global Trade & Customs Services

1. New approach in Customs reviews from SATArturo BautistaFirm DirectorGlobal Trade & Customs Services Global Trade & Customs Services

2. Agenda • New team of auditors • Few experienced people • Modification of information request typically used in the last 2 years • New approach on reviewing fixed assets • New approach on reviewing customs balances • IETU Decree contains a significant amount of Customs information! • Conclusions

3. Trends in recentaudits • Some auditors with experience left SAT in the past months. Only two people of the “OLD” team stayed and continue working on customs reviews. • Less experience = More procedure mistakes = GOOD • Audits are starting in some cases in excess of five years (limitation of five years). • Some companies have filed injunctions (“amparos”). • New audits regarding permanent importations. • In permanent importations, the authority is reviewing the original file, original certification of origin, value manifest, freight and insurance costs. • New audits of maquila companies not requiring customs balances of a complete period but only specific transactions.

4. Trends in recent audits • Additional to the review of the fixed assets located in the plant, they are arriving with a list of temporarily import documents where fixed assets were imported, in order for the company to provide documents that demonstrate their change of customs regime, return abroad, or any treatment given. • Relating to the discount report they are requesting the reports of specific import documents of the period subject to review. • Many audits are opened for a specific reason, for example to review that the value added field was declared within the export documents. In these type of audits, the taxpayer has to take copies or original documents to the SAT´s office. • They are focusing again in the proper treatment provided to scrap derived from temporarily imported goods that was generated within the production process.

5. Income Tax and Flat Tax benefit extension • The Decree that provides diverse tax incentives published in the Daily Gazette on October 12, 2011, where in order for an IMMEX company to benefit from the Income Tax and Flat Tax incentive it has to prove among others the compliance with foreign trade obligations, such as: • Sales of $500,000 dlls. or 10% of the total invoicing has to be from exports. • For goods considered as sensible, only the authorized goods can be imported. • The temporarily imported goods have to be destined to the purposes for which they were imported. • The temporarily imported goods must be maintained in the registered addresses. • Inform the Ministry of Economy of changes in the RFC, name, address, submaquila registries. • Maintain an automated inventory control system. • The foreign trade documents have to be properly maintained. • The names of the suppliers and consignees or buyers in foreign countries must be correct. • Companies must begin keeping strict controls of the above starting January 1st 2012

6. Contact info: Arturo Bautista Director – Global Trade & Customs Teléfono 011 52 (664) 622-7844 abautista@deloittemx.com Theobservations and opinionsexpressed in thispresentation, as well as any error oromission are of theauthor and cannot be attributedtoDeloitte, itspartnersoremployees.

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