International Tax

Business Operations in Mexico (Portfolio 7240)

  • This Portfolio discusses the significant features of Mexican income tax law as applied to foreign investors conducting business activities in Mexico.

Description

Tax Management Portfolio, Business Operations in Mexico, No. 7240, discusses the significant features of Mexican income tax law as applied to foreign investors conducting business activities in Mexico. In addition to a detailed discussion of the taxation of domestic and foreign corporations and individuals, it includes an analysis of the legal and regulatory provisions governing the conduct of business operations within the country.

The Detailed Analysis addresses the principal business entities as well as the significant areas of investment and commercial regulations, and contains an in-depth analysis of the Mexican tax system.

The Worksheets supplement the information contained in the Detailed Analysis with English translations of laws affecting foreign investment in Mexico, the texts of the Mexico-U.S. and Mexico-Canada tax treaties, and other pertinent tax materials.

This Portfolio may be cited as Solano and Grosselin, 7240 T.M., Business Operations in Mexico.


Table of Contents

Detailed Analysis
I. Mexico — The Country, Its People and Economy
II. Foreign Investment Regulations
III. Forms of Doing Business in Mexico and Legal Requirements
IV. Taxation — General Remarks
V. Income Taxation of Domestic Legal Entities
VI. Income Taxation of Foreign Corporations
VII. Taxation of Resident Individuals
VIII. Taxation of Nonresident Individuals
IX. Other Taxes on Individuals and Payments that Must Be Made by Employers
X. Other Taxes on Companies and Individuals
XI. Taxation of Mexican Residents on Income from Investments in Low-Tax Jurisdictions
XII. Avoidance of Double Taxation
solano-manuel-2015
Manuel Solano
Director, ITS Latin America
Ernst & Young LLP
Terri Grosselin
Latin America ITS
Ernst & Young LLP
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