INSIDE LAKESIDE
Log In or Register

Check your spam/junk folder for activation e-mail after you register.

3 tax changes for 2016 that may benefit you

View previous topic View next topic Go down

3 tax changes for 2016 that may benefit you

Post by Intercasa on Thu Oct 22, 2015 9:21 am

Mexican legislators approved reforms of the tax law for 2016.

The biggest change is that people will be able to exempt the sale of their primary residence from capital gains every 3 years instead of the current law which is every 5 years.

Also people will have a higher amount they can deduct from taxes for their cars of $175,000, up from 130,000 pesos.

For soda lovers, the tax on high caloric content beverages will be reduced by 50%.

http://www5.diputados.gob.mx/index.php/esl/Comunicacion/Boletines/2015/Octubre/18/0257-Avala-Comision-de-Hacienda-Miscelanea-Fiscal-2016
avatar
Intercasa
Share Holder
Share Holder

Posts : 2711
Join date : 2010-04-05
Age : 46
Location : Chapala / Zapopan
Humor : Barbed wit

Back to top Go down

Re: 3 tax changes for 2016 that may benefit you

Post by CanuckBob on Thu Oct 22, 2015 9:41 am

Good, I'll expect a $$ decrease in my rum & cokes.
avatar
CanuckBob
Humble Administrator
Humble Administrator

Posts : 12376
Join date : 2010-04-04
Age : 53
Location : Lake Chapala (from Vancouver)
Humor : Sick and twisted

http://Www.casadecomo.webs.com

Back to top Go down

Re: 3 tax changes for 2016 that may benefit you

Post by Rosa Venus on Sat Oct 24, 2015 10:08 pm

Intercasa wrote:Mexican legislators approved reforms of the tax law for 2016.

The biggest change is that people will be able to exempt the sale of their primary residence from capital gains every 3 years instead of the current law which is every 5 years.

I'm tired and didn't have the stamina to read the link. Are these changes effective immediately, or if not, when? Once EPN signs it? Obviously interested most in the ISR issue. Thanks.
avatar
Rosa Venus
Share Holder
Share Holder

Posts : 1562
Join date : 2012-05-24
Location : Mexico
Humor : The funny kind

Back to top Go down

Re: 3 tax changes for 2016 that may benefit you

Post by Intercasa on Sun Oct 25, 2015 11:22 am

2016, almost 2 months away
avatar
Intercasa
Share Holder
Share Holder

Posts : 2711
Join date : 2010-04-05
Age : 46
Location : Chapala / Zapopan
Humor : Barbed wit

Back to top Go down

Re: 3 tax changes for 2016 that may benefit you

Post by Rosa Venus on Sun Oct 25, 2015 12:49 pm

Thanks. I'm closing on a house January 15, 2016 and hoping it goes into effect right at the beginning of the year.
avatar
Rosa Venus
Share Holder
Share Holder

Posts : 1562
Join date : 2012-05-24
Location : Mexico
Humor : The funny kind

Back to top Go down

Re: 3 tax changes for 2016 that may benefit you

Post by WillieRae on Sun Oct 25, 2015 2:56 pm

Did I read somewhere that this still has to be approved by one of the legislative branches?

WillieRae
Share Holder
Share Holder

Posts : 226
Join date : 2014-07-22

Back to top Go down

Re: 3 tax changes for 2016 that may benefit you

Post by Sponsored content


Sponsored content


Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum