What is ISR tax in Mexico?

Real Estate Q&ACategory: QuestionsWhat is ISR tax in Mexico?
JRE Staff asked 3 years ago

What is ISR tax in Mexico? “Inpuestos Sobre la Renta” It is a direct tax over profits earned also called capital gains tax. It is a tax mostly applied when selling a property, a buyer does not pay this tax for a residential property. A buyer must pay ISR tax on a commercial property.

For more please read article on Property Taxes in Mexico.