Mexico - Challenges of the Mexican real estate investment trust tax regime
- F. Aguilar
- Derivatives & Financial Instruments, 2009 (Volume 11), No 4
- 1 August 2009
The use of real estate investment trusts and real estate investment companies has significantly expanded worldwide, and this has led Mexico to enact a tax regime for this form of investment in the hope of facilitating the development of the Mexican real estate market. However, the actual use of these vehicles in Mexico has been limited. This article summarizes the applicable tax provisions and identifies some of the perceived benefits and weaknesses of the regime.