Mexico features formally signed up with the list that is growing of imposing some form of electronic taxation. Mexico’s Congress for the Union passed away a modification to your Value-Added taxation Law that will allow when it comes down to taxation of on-line purchases meant to consumers situated in Mexico, whether or not the seller includes a presence that is physical. The rules that are new just take influence on 1 Summer 2020.
VATL modification summary
Mexico’s Value-Added taxation legislation (VATL) modification calls when it comes to number of value-added taxation (VAT) in a rate that is standard of % on specific electronic providers made by international manufacturers to visitors based in Mexico. No taxable presence in Mexico is needed in order for suppliers to fall under the digital services tax.