Afores: Withholding Tax Rate Applicable to Lump-Sum Withdrawals, Puntos Finos, December 2018.
We are pleased to share the article “Afores: Withholding Tax Rate Applicable to Lump-Sum Withdrawals,” published by Puntos Finos, featuring the participation of our partner Jorge Correa, which analyzes the 20% withholding applied by Mexican pension fund administrators (Afores) to retirement funds paid in a lump sum and the recent clarification regarding the effective withholding rate under the Miscellaneous Tax Resolution.
We are pleased to share the article “Afores: Withholding Tax Rate Applicable to Lump-Sum Withdrawals,” published by Puntos Finos, featuring the participation of our partner Jorge Correa, which analyzes the 20% withholding applied by Mexican pension fund administrators (Afores) to retirement funds paid in a lump sum and the recent clarification regarding the effective withholding rate under the Miscellaneous Tax Resolution.