November 2, 2010
How to Buy Property in Mexico
Per Internal Revenue Code Section 6048 any trust established in a foreign country including the Mexico real estate region or its US beneficiary must file certain forms with theĀ US department of the treasury (Internal Revenue Service) each year..
Forms 3520 and 3520A must be filed by anyone who holds an [...]
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August 12, 2009
Authors
U.S. taxpayers are required to file certain reports with the U.S. government if they own property in Mexico, have a business in the country, or are shareholders in Mexican corporations Uncle Sam, U.S. tax watchdog, has instituted a voluntary disclosure program for those people who may have omitted reporting in the past. This program is [...]
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