Mexican Tax Structure
There are numerous and complex tax structures in Mexico that can quickly become overwhelming and confusing. First knowing what to expect, then how to navigate possible issues, is well worth the knowledge of hiring a certified professional.
In Mexico, past or current unpaid taxes do not necessarily follow the corporation or person selling the property. If left undisclosed or undiscovered, these past or current unpaid taxes will remain attached to the property, and will therefore become the responsibility of purchaser.
Even if the purchase does not include the purchase of the corporation or other entity previously associated with the property, the unpaid taxes will remain attached to the property.
This is an abbreviated list of some tax issues you'll encounter while doing business in Mexico.
IVA ( Impuesto al Valor Agregado )
Value Added Tax
-10% Sales Tax - paid montly
Hiring Employee's in Mexico
1% Property Tax (known as a predial) of the assessed value determined at the time of sale.
We strongly recommend a comprehensive investigation of every transaction and all parties related to each transaction, to advert unexpected conclusions.