Taxation in Mexico of transactions carried out in “virtual assets”


This article has been prepared based on the reading of international academic publications as well as some other literature freely available on the Internet on the subject of “cryptocurrencies” or virtual assets.

Also, the content of this article was discussed in two presentations, one private for the International Tax Commission of the Public Accountants Association of Mexico (CCPM) and another public at the XX International Taxation Seminar organized by the same Commission in Acapulco on August 16th of present year.

The comments contained in this article may be debatable in light of the lack of specific regulations in Mexico. Nevertheless, I believe that this article could encourage all tax professionals to continue researching on the topic to define more uniform criteria and evaluate the different types of transactions that currently exist and those that will be developed in the future considering “cryptocurrencies” or virtual assets.  READ MORE