Three New Tax Treaties Signed By Mexico Will Be Applicable From January 1, 2015 - Tax - Mondaq Mexico - Mondaq Business Briefing - Books and Journals - VLEX 538962826

Three New Tax Treaties Signed By Mexico Will Be Applicable From January 1, 2015

Author:Mr Rodrigo Gómez
Profession:Jones Day
 
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During 2014, three new tax treaties signed by Mexico with Peru, the United Arab Emirates, and Malta have been published in the Mexican Official Gazette. According to the tax treaties, their benefits will be applicable from January 1, 2015, bringing Mexico's tax treaty network to 59. Treaties with Costa Rica, Malaysia, and Nicaragua are currently being negotiated by the Mexican government, and the modifications to the 1994 Mexico-Belgium treaty are currently pending.

The withholding tax rates under these three treaties and the Mexican Income Tax Law are the following:

Mexican Income Tax Law

Tax Treaty with Peru

Tax Treaty with UAE

Tax Treaty with Malta

Dividends

10%

10% and 15%

0%

0%

Interest

4.9% up to 35%

0% and 15%

0%, 4.9%, and 10%

0%, 5%, and 10%

Royalties

25% and 35%

15%

10%

10%

Capital Gains

25% and 35%

0% if some ownership requirements are met

-

0% if...

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