Penalties on companies that do not make profits in Mexico According to what is established by Mexican law, it can be much higher. This is because it is an inalienable right to get workers’ participation in the profits (PTU) of the company. It should be paid in cash and in full.
It has been established that workers should be given a share of profits generated by the company where they work. It should be 10 percent of the taxable income that the company has disclosed in its annual return. If a company does not pay profits, a penalty is imposedIf required by law.
Penalties for companies not paying utilities:
according to this federal labor lawCompanies that do not pay profits, being obliged to do so, will have to pay a fine of 250 to 5000 Units of Measurement and Updating (UMAS), as established in Chapter VII of Title III, which is in relation to the participation of workers in profits. companies.
Read more: Paying utilities in Mexico: what do the current laws say?
So, the minimum penalty for companies not paying profit would be 250 UMAS; Equal to 22 thousand 405 pesos 2022 this year. Whereas The maximum fine can be 448 thousand 100 Mexican pesosEquivalent to 5 thousand UMAS established in federal labor law.
Before suing your employer, remember that there are companies that are not required to pay utilities. Similarly, there are workers who do not have the right to receive them according to the law.
Read more: How do I know if I have made profits in 2022? Applicable?
In the case of legal entities, utilities must be paid from April 1 to May 30, while for individuals this payment must be made in the period from May 1 to June 29.
In the event that your employer does not pay you the utilities it does halfway or with the consignment, you can claim the amount that suits you, only you have one year to do so, which is established. Counted from the day after the deadline.