Ask an Expert – Do foreigners have to pay taxes in Mexico?
If I do not earn any income in Mexico, nor have any investments in Mexico, as a permanent resident do I need to file a Mexican income tax return? Question 1: I sold my principal residence (not a rental) in PV in June and paid Capital Gains tax. I know I have to go to SAT...
Income tax on gains from transfers of real estate
The new rate of Income Tax for 2007 will be 28 percent in accordance to prior amendments made to transitory articles of the Income Tax Law. During December 2006, certain additions and amendments to the Income Tax Law and its regulations respectively, were approved regarding Income Tax on the transfer of main residences. In the...
