Notes:
1.This the minimum withholding. Therefore, if a higher amount results (calculated as if income were salary), the higher amount prevails.
2.Dividends, even when paid out of previously taxed net earnings, are subject to 5% withholding tax on the grossed-up distribution when the recipient is a foreign resident or an individual resident in Mexico. If paid out of earnings that have not been subject to the corporate income tax, a corporate tax of 35% also applies on the grossed-up distribution, and the
tax is imposed on the pay or of the dividend. Dividends (with certain exceptions, basically some deemed dividends) are includable in an individual’s gross income, unless the individual so elects to treat the tax withheld as a definitive tax.
3.This type of interest income is not included in the individual’s gross income but might have to be included in the annual tax return for information purposes.
Payments to nonresidents/ Income tax must be withheld in most cases from payments to nonresident corporations and individuals. In the case of nontreaty countries, the statutory withholding rates are as noted below.
Nonresidents’ wages and salaries are taxed on the basis of calendar-year earnings as follows.
Taxable income(A)
From To %
0 Ps 125,896.48 Nil
PS 125,896.49 1,014,160.34 15
1,014,160.35 30
(A)Limits in force as from January 2001 and subject to restatement for inflation.
However, no tax is imposed when the compensation (wages, salaries, or fees other than board fees) is paid by a nonresident of Mexico that has no establishment in Mexico (even if not subject to tax) to which the services relate, provided the individual remains in Mexico for less than 183 days
(consecutive or not ) in any 12-month period.
The tax, when applicable, is withheld if the income is paid by a resident (or a nonresident with an establishment in Mexico). Otherwise, the tax is generally payable during the 15 following days by the individual earning the Mexican-source income.
Income tax of 40%, with no deductions, must be withheld on most payments made to foreign persons or entities located in tax havens, in lieu of the tax provided for in the other provisions of the domestic law. This is not applicable in the case of income from dividends or gains distributed by legal entities or members of a joint venture (Asociacion en Participacion) ,
interest paid to foreign banks, or income from interest exempted in the terms of the domestic law, in which case, the regular provisions of the domestic law should be applied to determine the income tax withholding.
%
Professional fees for services rendered in Mexico 21.0
Lease payments:
Lease of real property 21.0
Lease of railroad cars, containers, and ships for commercial
transportation 5.0
Lease of personal property 21.0
Time-sharing services (2) 21.0
Sales: &nb
[1] [2] [3] [4] [5] 下一页
