Profit Sharing | EC Rubio

In the employee/employer relation, there are two yearly situations that cause tension and friction, being the revision of the Collective Bargaining Agreement and the Profit Sharing.

In the case of the profit sharing, a wrongful management may lead to a strike.

Additionally, it is important to take into account the following:

LEGAL TERMS FOR PROFIT SHARING PURPOSES

STAGES	TERMS	DEADLINE
Financial year 2022.	January 1^st to December 31^st, 2022.	December 31st, 2022.
Submission of the Income Tax Return for the financial year by the company.	Within 3 months after the end of the financial year.	March 31st, 2023.
Delivery of the copy of the Tax Return to the employees.	Within 10 days from the date of submission of the Annual Tax Return.	April 10th, 2023.
Integration of the Mixed Commission to prepare the sharing project of each employee.	Within 10 days counted from the date of delivery of the copy of the Tax Return..	April 20^th, 2023.
Review of the Tax Return of the financial year of Company by the employees.	During the next 30 days from the date of delivery of the copy of the Tax Return to the employees.	May 10th, 2023.
Profit sharing payment.	Within 60 days from the date, it was paid or should be paid the annual tax.	May 30th, 2023.

* The previous dates will be modified, depending on the date on which the tax return was filed.

We remain at your disposal for any questions or additional information you may require.

Labor & Social Security Practice

Ana María Becerra / [email protected]
Javier Canseco / [email protected]
Roberto Álvarez Malo / [email protected]
Perla Arreola / [email protected]
Isaac Corral / [email protected]
Rogelio Sánchez / [email protected]

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