Www.psdconsultores.com. INCOME TAX FEDERAL TAXES Gravel the increase in assets of individuals and...

TYPES OF FEDERAL, STATES AND MUNICIPAL TAXES

www.psdconsultores.com

INCOME TAX

FEDERAL TAXES

Gravel the increase in assets of individuals and corporations residing in Mexico Rate 30%

A SINGLE BUSINESS TAX RATE

Gravel the difference between certain income and deductions Rate 17.5%

VALUE ADDED TAX

Gravel consumption of almost every kind of goods and services

Rate 16%Border 11%


EXCISE DUTY ON GOODS AND SERVICES

FEDERAL TAXES

Gravel Consumption of cigarettes, alcoholic beverages, telephone, games of chance and

petrol.Several Fees

Tax on New Automobiles

Gravel new car purchase Rates vary, depending on each vehicle

DEPOSIT-TAX CASH

Intended to tax the informal (applies to cash deposits) Rate 3%


TAX ON CAPITAL TRANSFERS OF MOVABLE

STATE TAXES

Levied on real estate purchases Rate 2%

Tax on the purchase of used motor vehicles

Gravel private disposals Several Fees

BUSINESS TAX ATTORNEY LEGAL AND INSTRUMENTS

Gravel any act or contract before a Notary Rate 1%


SALARIES TAX STAFF TO WORK NOT SUBORDINATE

STATE TAXES

Gravel income individuals are not subordinate Rate 3% or 4%

PAYROLL TAX

Gravel payments payrolls Rate 2%

LODGING TAX

Gravel providing hosting services Rate 2%


Taxes on lotteries, raffles, SWEEPSTAKES, CONTESTS BETS AND ALL KINDS

STATE TAXES

Tax income for these items Rate 6%

TAX SALE OF TICKETS FOR RAFFLES AND DRAWINGS

Gravel ticket alienation Rate 8%


PROPERTY TAXES


THE FOLLOWING ACTS ARE CONSIDERED BY TRANSMISSION

OR ACQUISITION OF THE PROPERTY

- ANY TRANSMISSION OF PROPERTY.

- DONATION.

- CAUSE OF DEATH BY.

- CAPITAL CONTRIBUTIONS COMPANIES AND - ASSOCIATIONS

TAX ON PATRIMONIAL TRANSMISSIONS


- PURCHASE SALE IN WHICH THE SELLER RESERVES

THE PROPERTY.

THE PROMISE OF THE FUTURE IF BUYER GET INTO POSSESSION OF THE PROPOERTY OF THE SELLER RECEIVE THE FUTURE OF THE SALE PRICE OR ADVANCE

ASSIGNMENT OF RIGHT OF THE BUYER OR BUYER OF FUTURE IN THE PAST TWO CASES


-

C.- BASE

100 % OF THE VALUE THAT TURNS OUT TO BE HIGHER GIVES:

1.- THAT OF EVALUATION OR THE OPINION OF VALUE

2.- THE VALUE OF THE OPERATION

D.- RATE:

2% FOR OPERATION.

THE ABANDONMENT OF RIGHT OF THE BUYER OR OF THE BUYING FUTURE IN BOTH PREVIOUS CASES


E.- TIME OF PAYMENT

WITHIN 2 MONTHS FOLLOWING THE DATE OF THE TRANSACTION

F.- SUBJECTS OBLIGED TO RETAIN AND INFORM

THE NOTARIES AND PUBLIC FEDATARIOS

G.- EXEMPTIONS

- THE FEDERATION

- THE STATE

- MUNICIPALITIES

- FOREIGN STATES


OWNERSHIP AND USE TAX ON VEHICLES

COMPELLED

The physical and moral persons, holders or users of vehicles

PAYMENT DATETaxpayers paid the tax for calendar year during the first three months to the authorized offices.


RATES


RIGHTS OF CONTROL VEHICLE


GROSS INCOME TAX


INCOME TAX

• This tax is applicable to all residents of Mexico, that is, to all residents who have established an operations center in Mexico. Therefore, it is applicable to all corporations and companies, all industrial enterprises, all agricultural products businesses, individuals, etc.

• This tax applies to gross receipts, income of individuals and businesses, however, nonprofit organizations do not pay this tax.


• One of the most important features of the Mexican tax law is that it recognizes the benefits and losses incurred by businesses due to inflation.

• There are also expenses that may be deducted expenses that reduce income and the amount used for calculating the tax is lower. Some examples of deductible expenses include: discounts and allowances, purchases, depreciation and amortization of fixed assets, financial leasing

• The tax rate this year is 30% on taxable income, ie income minus deductions


CONSUMPTION TAX


VALUE ADDED TAXFEATURES

- Gravel consumption of goods and services

- The cause in all economic stages

- The taxpayer is retrieved from third absorb the final consumer

- Removes the effect "cascade" and pyramidal

- Reduce tax evasion.


- It is neutral with respect to competition.

- Economic impact known.

- It helps to export products to the 0% rate

- Fiscal Tiers price of imported products.

- The federal tax levy of the tax in each of stages of the economic process.

FEATURES


CUSTOMS VAT

IMPORTER SUPPLIER

MANUFACTURER

WHOLESALERS

RETAIL

CONSUMER

FEATURES:Is caused in all economics stages

It is financed by government (like bussines income, except import stage)


VALUE ADDED TAXELEMENTS

I. SUBJECTS

ALL THE PHYSICAL AND MORAL PERSONS WHO REALIZE ACTS AND ACTIVITIES BURDENED BY THE OBJECT.

II. OBJECTDISPOSITION OF ASSETSPROVISION OF SERVICESGRANT USE OR ENJOYMENT OF PERSONAL PROPERTYIMPORT OF GOODS OR SERVICESEXPORT OF GOODS OR SERVICES


III. BASE

THE AMOUNT IS DETERMINED TO BE APPLICABLE RATE

IV. RATE

RECOGNIZES THAT THE AS IS LIVA: 0%, 11% AND 16%

V. EXEMPTIONS

SOME EXEMPTIONS EXIST DEPENDING ON THE TYPE OF ACTIVITY


COMPLEMENTARY TAXES


• This tax works very similarly to a " minimal alternative tax. "

• The affected contributors are all the business contributors, corporate and not corporate activities, especially the persons with the companies on his world revenue, and the resident foreigners with permanent establishment in Mexico.

• In general, all the business income it is affected by this new "alternative" IETU of income of the fiscal, enclosed system in personal independent services, and the rent of the property.


3

• The IETU is calculated as a "alternative" of taxes, and the major one of the IETU or the tax on the ordinary income turns into the responsibility.

• The companies that operate under the program IMMEX (known as factory-works) will be able to enjoy a fiscal incentive in the form of a fiscal credit that reduces his responsibility IETU


• Deductions limited (except the indemnification) allows to them to calculate the tax base, in spite of a fiscal direct credit it is allowed for the majority of the expenses of compensation.

• The rate of legal IETU is 16,5 % for the year 2008, 17 % for 2009 and 17,5 % for the year 2010 and in forward.


ELEMENTS:

I.-SUBJECTS

ALL THE PHYSICAL AND MORAL PERSONS WHO REALIZE ACTS AND ACTIVITIES BURDENED BY THE OBJECT.

SPECIAL TAX ON PRODUCTION AND SERVICES


II.- OBJECT

THE ALIENATION OF GOODS OR IN HIS CASE THE IMPORT RENDERING OF SERVICES.

III.- BASE

THE AMOUNT DETERMINED WHO I KNOW WAS APPLYING THE RATE

IV.- RATE

THE LAW OF THE SPECIAL TAX ON PRODUCTION AND SERVICES RECOGNIZES DIFFERENT RATE THAT THEY GO FROM 10 % TO 110 % AS IT IS DETAILED BELOW:


CONCEPT RATE

A)ALCOHOLIC DRINKS AND BEER GIVES EVEN 14 ° G.L.

26.5%

B) BEER AND ALCOHOLIC DRINKS GIVE MORE G.L GIVE 14º. AND UP TO 20 ° G.L. 30%

C) BEER AND ALCOHOLIC DRINKS GIVE MORE G.L GIVE 20 º 53%


D) ALCOHOL AND UNNATURAL ALCOHOL AND UNCRYSTALLIZABLE HONEYS 50%

E) CIGARETTES 110%

F) GASOLINE AND DIESEL

DIFFERENT RATES

G) SOFT DRINKS, MOISTURIZING OR REMOISTURIZING DRINKS, CONCENTRATES, POWDERS, SYRUPS, ESSENCES OR EXTRACTS OF FLAVORS, WHICH ON HAVING BE DILUTED ALLOW TO OBTAIN SOFT DRINKS, MOISTURIZING OR REMOISTURIZING DRINKS ….. 20 %

CONCEPT RATE


H) SYRUP OR CONCENTRATES TO PREPARE REFRESHMENTS THAT ARE EXPENDED IN OPENED PACKINGS USING AUTOMATIC, ELECTRICAL OR MECHANICAL DEVICES … ….

I) COMMISSION, MEDIATION, CONSIGMENT, ETC. SAME RATE OF THING

EXEMPT

CONCEPTO TASA

20 %

FINAL EXPORTJ)


K)

L)

GAMES WITH BETS AND DRAWINGS

NETWORKS YOU PUBLISH OF TELECOMMUNICATION

30 %

3 %

TAX ON FINANCIAL TRANSACTIONS


3

Persons who dispose of shares issued by Mexican companies or shares of foreign companies and these operations are done through stock exchanges, shall be exempt from Income Tax


Residents abroad, who have a permanent establishment in the country, receiving interest income may be subject to a fee of 4.9% when the beneficiary is resident in a country where they have a treaty to avoid double taxation and compliance with the requirements therein.


STUDY OF TRANSFER PRICE


TRANSFER PRICE

Regarding the transfer pricing study adhered to the Law on Income Tax procedures established by the OECD


The methods are:

I. Resale Price MethodII. Cost-plus methodIII. Utility Participation MethodIV. Residual Method profit sharingV. Transactional margin method of operating

income


AGREEMENTS TO AVOID THE DOUBLE TAXATION


TRATADOS PARA EVITAR LA DOBLE TRIBUTACIÓN

Fuente: Servicio de Administración Tributaria

FIRMADOSALEMANIA EUA HOLANDA

ANTILLAS HOLANDESAS FINLANDIA POLONIA

AUSTRALIA FRANCIA PORTUGAL

AUSTRIA GRECIA REINO UNIDO

BERMUDA INDIA REP. CHECA

BÉLGICA INDONESIA REP. ESLOVACA

BRASIL IRLANDA RUMANIA

CANADÁ ISLANDIA RUSIA

COLOMBIA ISRAEL SINGAPUR

COREA ITALIA SUDÁFRICA

CHILE JAPÓN SUECIA

CHINA KUWAIT SUIZA

DINAMARCA LUXEMBURGO URUGUAY

ECUADOR NORUEGA VENEZUELA

ESPAÑA NUEVA ZELANDA 44

EN NEGOCIACIÓNARUBA LETONIA

BAHAMAS LÍBANO

BAHREIN LIECHTENSTEIN

COSTA RICA MALASIA

ESLOVENIA MARRUECOS

GIBRALTAR MÓNACO

HUNGRÍA NICARAGUA

ISLA DEL HOMBRE PANAMÁ

ISLAS CAIMÁN SAMOA

ISLAS COOK TAILANDIA

ISLAS GUERNSEY UCRANIA

ISLAS JERSEY TURCAS Y CAICOS

ISLAS MARSHALL VANATU

ISLAS VIRGENES BRITANICAS 27


Www.psdconsultores.com. INCOME TAX FEDERAL TAXES Gravel the increase in assets of individuals and...

Documents

Transcript of Www.psdconsultores.com. INCOME TAX FEDERAL TAXES Gravel the increase in assets of individuals and...