Procedure To Determine Accumulative Profit Or Deductible Loss At The Exchange Rate In Mexico Procedimiento Para Determinar La Ganancia Acumulable O Perdida Deducible Al Tipo De Cambio En Mexico

The objective of this study is to determine cumulative gains or deductible losses, based on the exchange rate for financial factoring. This analysis was released in 2023 in the City of Monclova, Coahuila, Mexico. The problem is when the governed does not know the specific moment or the day the exchange rate must be applied to realize the cumulative gain or deductible loss based on the third paragraph of Article 20 of the Fiscal Code of the CFF Federation. An open question remains of how to determine the procedure of loss or gain? The paper begins with a conceptualization, legal argumentation of laws, codes, financial information and standards. We provide numerical tables with an accounting approach, fiscal approach, and of a qualitative nature. We question what, how, when, where and why? These techniques help us reason and therefore apply in the tax environment. Results in eight numerical tables are presented to exemplify the procedures that taxpayers must carry out when operations in foreign currency are received with financial factoring. We argue for applying the previous day exchange rate by the Bank of Mexico, according to the Official Gazette of the Federation to compare the accounting and fiscal concerns.