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Mexican Tax Law: Corporate Taxes
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 A Mexican company will be subject to the following taxes during its operation:
A corporate tax assessable at a maximum rate of 35% must be paid annually to the tax authorities on the company's taxable profits. The procedure to calculate such profits is by deducting certain allowed expenses from the total accruable gross income. Most of the company's income is considered accruable for income tax purposes at the time any of the following situations occur: invoices are issued goods are delivered to the buyer or services are rendered when total or partial amounts of the transaction is collected or is payable, including advance payments
Basically, the allowed deductions are all costs and/or expenses strictly necessary to carry out the company’s business. Except for the first year of operations, all Mexican corporations must file their income taxes through monthly provisional payments. These provisional payments will be credited against the annual income tax return. Return to top |
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Mexican Tax Law: Taxation of Foreigners
As a foreigner living in Mexico, do you know which taxes you will have to pay? Refer to SolutionsAbroad.com's tax guide to have your questions answered.
| | Mexican Tax Law: Third Party Taxes, Part III
If you want information about taxation and taxes in Mexico, this page is for you. This is your guide to third party taxes and tax withholdings in Mexico.
| | Mexican Tax Law: Third Party Taxes, Part II
Refer to this page for Mexican law on royalties and interest. Important terms and Mexican law are explained in relation to the U.S.-Mexican Tax Treaty.
| Mexican Tax Law: Third Party Taxes, Part I
Questions about taxes in Mexico? SolutionsAbroad.com has you covered. Browse our guide to taxes in Mexico.
| | Mexican Tax Law: Non-Residents
Non-Residents: this is your resource on Mexican taxation. This page covers personal property tax, capital gains tax and income tax.
| | Mexican Tax Law: US-Mexican Tax Treaty
The US-Mexico Tax Treaty reduces the taxation of investment income flowing between the two countries. The treaty includes provisions designed to prevent double taxation and to reduce each country's tax rates on various types of income earned by non-residents.
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