What you should know

Article 109, Section XV, subparagraph a) of the Income Tax Law (Ley del Impuesto Sobre la Renta, abbreviated LISR in Spanish) sets forth that income derived from the sale, trans...

Changes to the 2012 Federal Fiscal Code (Codigo Fiscal de la Federacion or CFF per its acronym in Spanish) brought a series of adjustments as far as digital tax receipts are con...

Employees in Mexico, be they citizens of Mexico or foreigners, have the right to share in the net income (profits) of the company, in addition to employee compensation and other...

When Deducting Expenses Mistake #10. Expenses such as grocery purchases, and the home phone, among other expenses, are deducted. How to avoid making this mistak...

Working in a freelance capacity earning professional fees or running your own business involves two basic, key facts: you will usually have more leeway in managing your work sch...

If you are looking to invest in Mexico and would like to start a business as an individual, then this article will be of interest to you. Individuals engaged in busines...

We would like to take this opportunity to inform you that February 15, 2012 is the deadline to submit disclosure statements regarding wages and salaries, income tax (ISR in Span...

In mid-November, the Mexican Institute of Social Security (Instituto Mexicano del Seguro Social, or IMSS) began a campaign to verify payment of Social Securi...

Many of our clients have had questions regarding the exemption of Income Tax upon the disposition (sale) or otherwise transfer of (conveyance of title to) their residential dwel...