Income tax on rent, worked example, in Mexico
Taxation Researcher | February 07, 2019
1 The property is jointly owned by husband and wife, but then taxed separately (50% upon each partner).
2 Exchange rate used: 1.00 US$ = 17.00 MXN
3 Gross rental income earned by nonresident individuals are taxed at a flat rate of 25%. No deductions are allowed.