<\/div>\n
Double taxation deduction<\/h2>\n
The problem is that in the country where the property is located, it may also be necessary to pay taxes on the profit obtained from the sale. To avoid the problem of double taxation, it will be necessary to analyze the application of the International Double Taxation Agreements with the country in which the property is located and article 80 of the Personal Income Tax Law regarding the deduction for international double taxation, which establishes the next:<\/p>\n
\n- When the income of the taxpayer includes income or capital gains obtained and taxed abroad, the lesser of the following amounts will be deducted:<\/em>\n
\n- The effective amount of what is paid abroad is because of a tax of an identical or analogous nature to this tax or the Non-Resident Income Tax on said income or capital gains.<\/em><\/li>\n
- The result of applying the effective average tax rate to the part of the taxable base taxed abroad. (\u2026)<\/em><\/li>\n<\/ol>\n<\/li>\n<\/ol>\n