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New Mexican tax treaties and their effects on capital gains

01 March 2011


David Cuellar Mario Alberto Gutierrez

New treaties to avoid double taxation were published last year in the Mexican Official Gazette and entered into force as of January 1 2011.

The Mexican tax treaty network is comprised of treaties with 41 countries: Australia, Austria, Barbados, Belgium, Brazil, Canada, Chile, China, Czech Republic, Denmark, Ecuador, Finland, France, Germany, Greece, Iceland, India, Indonesia, Ireland, Israel, Italy, Japan, Republic of Korea, Luxembourg, Netherlands, New Zealand, Norway, Panama, Poland, Portugal, Romania, Russia, Singapore, Slovak Republic, South Africa, Spain, Sweden, Switzerland, UK, US and Uruguay.

Regarding capital gains, the new treaties (treaties with India, Panama, South Africa and Uruguay) and the amended protocol with Switzerland in...



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