Transfer money from Mexican bank to U.S. - View Single Post
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Old 28th June 2011, 06:57 PM
Schmo Schmo is offline
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Users Flag! Originally from usa. Users Flag! Expat in mexico.
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Taxes, oh boy howdy. It depends on your status here. I'm here on a "No Inmigrante" as are many folks. That means when you sell you pay 25% on the sale price up to what you paid for it. If you make a profit it goes to 30% and that is of the total sales price not just on the profit. I'm getting ready to sell and have confirmed this with two different attorneys.