Canada
Mexico Sets New VAT for Foreign Companies
A new VAT has come into force for foreign companies that provide digital services in Mexico.
All companies that have businesses in the country must pay the 16% tax, despite not having residence there. The affected companies include betting operators, gaming platforms, as well as audiovisual entertainment and transport services.
The VAT reaches services from digital platforms that allow “the download or access to images, movies, text, information, video, audio, music, games, including games of chance, as well as other multimedia content, multiplayer environments, obtaining mobile tones, online news viewing, traffic information, weather forecasts and statistics.”
Powered by WPeMatico
