It has always been necessary to declare and pay tax on any and all income generated
by rental of Mexican properties. No news there! What is new is that the Mexican tax
authorities are taking an aggressive stance in tax collection and are requiring all
technological platforms (think VRBO, AirBnB, etc) to withhold and pay tax from income
generated.
This new law is slated to take effect on June 1, 2020. Due to the slowdown from CO-
VID 19, regulations and procedure have not been published and this may delay things a
bit. It IS coming however! Be prepared! More details to be published in the Gringo
Gazette in the May 25 edition. Also watch this blog for further information or write us at
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