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Mexican Tax Law: Non-Residents
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Lease of Real or Personal Property Non-Residents: Income derived from the lease of real or personal property is taxed at a flat rate of 25% with no deductions, except for the lease of railroad cars, containers, airplanes, and ships for commercial transportation, which is taxed at 5%.
Capital GainsGains from the sale of shares or securities representing property located in Mexico, fixed assets, securities, or shares of Mexican companies are taxed at a flat rate of 20% of the gross proceeds of the sale. However, the non-resident may elect to pay tax at the rate of 25% on the net taxable gain realized, provided that the non-resident has a legal representative in Mexico who will calculate and pay the corresponding tax to the tax authorities. If the seller is a resident of a low-tax jurisdiction (tax haven), such seller can only apply the 25% rate. Joint Liability of WithholderAny company resident in Mexico or permanent establishment in Mexico must comply with the withholding and payment of taxes on behalf of third parties. If such taxes are not withheld and paid to the tax authorities, aside from imposing surcharges and penalties on the company, the latter is not authorized to deduct them as expenses for income tax purposes. Return to top |
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Taxes in Mexico: Deductions and Other Taxes
Look no further for information on taxes and taxation in Mexico. This page includes a list and description of the most common tax deductions allowed in Mexico. Also explained are tax returns and filing your taxes.
| | Taxes in Mexico: Employee Profit Sharing
Mexican business are required to share their profits with their employees. Refer to this site for more detail on the Mexican Employee Profit Sharing law.
| | Mexican Tax Law: Corporate Taxes
Incorporating in Mexico? Find information on the types of taxes paid by Mexican corporations.
| Mexican Tax Law: Tax on Assets
Learn the Mexican law on taxes. Corporations are taxed differently than in other countries. Find out about corporate income tax and taxes on corporate assets.
| | Mexican Tax Law: Value Added Tax
Refer to this page for more detailed information value added taxes.
| | Mexican Tax Law: Luxury Tax and STPS
As from January 2002, the Mexican Congress established that the end customerhas to pay a 5% tax on certain goods and services. Find out which products are subject to these special and luxury taxes.
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