MEXICO Law and Practice Contributed by: Javier Díaz de León, Monica Ramos and Martín Cortina, Díaz de León Abogados
Pension Funds and Investment Funds The non-income taxation regime is also extended to Mexican pension funds (SIEFOREs) organised to receive, manage and distribute the saving funds of Mexican employees. It is in alignment with the fiscal tax regime generally applicable to pension funds in other countries. Investment funds, including debt and mixed funds (other than equity funds), may also qualify for tax-free status, achieving fiscal transparency and taxable recognition by their investors or sharehold - ers. Under specific circumstances, individuals may achieve a preferred income tax rate of 10% on the sale of the inventory of shares indirectly held by a mixed investment fund.
in the management of the trust assets in accordance with the proposed charitable activities. Chambers of Commerce and Professional Associations Chambers of commerce are regulated in Mexico under the Law of Entrepreneurial Chambers. Their main purpose is to conduct public interest projects without pursuing lucrative activities. They represent, promote and defend the interests of the commerce, services and tourism sectors.
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