capital gains discussion

View previous topic View next topic Go down

Re: capital gains discussion

Post by dean on Thu Oct 22, 2015 3:44 pm

http://yucalandia.com/living-in-yucatan-mexico/capital-gains-taxes-on-mexican-properties/

Capital Gains Taxes on Mexican Properties


Oct. 22, 2015 UPDATE
On October 18, the Mexican Congress amended the tax law for 2016.    Under the new rules, our primary residence will be exempt from capital gains after living in the home for just 3 years, instead of the current law’s every 5 years.
Soda pop manufacturers got a boost with 50% reductions in taxes on high-calorie drinks.
The tax limit on cars has been raised from 130,000 pesos to $175,000 for 2016.
http://www5.diputados.gob.mx/index.php/esl/Comunicacion/Boletines/2015/Octubre/18/0257-Avala-Comision-de-Hacienda-Miscelanea-Fiscal-2016



dean

Posts : 3762
Join date : 2008-01-01

View user profile

Back to top Go down

capital gains

Post by dean on Thu Dec 01, 2011 6:51 am

http://www.mexconnect.com/

http://www.mexconnect.com/articles/3825-capital-gains-tax-on-mexico-real-estate-impuesto-sobre-la-renta

Now the law defines new limits and clearly defines a primary residence to help close the loophole that allowed speculators/developers to quickly flip a property and still call it a primary residence. Today, the seller has to prove that the residence has been used for five years. If the seller has used the property for less than five years, he or she is not exempt from paying the Capital Gains Tax. In Mexico's Chapala-Ajijic area, Notarios have been requiring these phone or electric receipts, bank statements or invoices for the entire five-year period to prove residence requirements are met. Hold on to them.

dean

Posts : 3762
Join date : 2008-01-01

View user profile

Back to top Go down

capital gains discussion

Post by dean on Fri Nov 13, 2009 7:45 pm

http://www.solutionsabroad.com/en/real-estate/real-estate-mexico-category/real-estate-taxes-in-mexico.html

http://www.solutionsabroad.com/en/real-estate/realestate-category/real-estate-taxes-in-mexico/page-2.html

dean

Posts : 3762
Join date : 2008-01-01

View user profile

Back to top Go down

Re: capital gains discussion

Post by Sponsored content Today at 7:35 am


Sponsored content


Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum