Mexico has become one of the more aggressive countries in Latin American when it comes to taxing its residents. Mexico taxes residents on their
worldwide income. If you’re living and working in Mexico, the government wants its cut. Here’s a summary of the taxation of expats in Mexico.
Many of our clients in Mexico are audited each and every year by the SAT (known as Hacienda). This agency is very happy to deny any and all expenses of a business that are not documented or are paid to a
tax haven country. If you’re a gringo or European, expect the Mexican SAT to be even more hostile.