In this article written for ITR (International Tax Review), our partner Juan José Paullada and associate David Guakil, explain how taxes apply to non-Mexican residents selling shares in Mexico.

"Article 161 of the Mexican Income Tax Law (MITL) provides that income derived from the sale of shares by non-Mexican residents shall be considered to be of Mexican source and subject to tax in Mexico."

We invite you to read the full article to learn more about this topic. 

In case you have any questions, please contact our Tax experts (see details below).