Taxation of international executives
Individuals resident in Mexico are subject to income tax on their worldwide income. Non-residents are subject to tax only on Mexican-source income, irrespective of the location of the payer.
The official currency of Mexico is the Mexican Peso (MXP).
Herein, the host country refers to the country to which the employee is assigned. The home country refers to the country where the assignee lives when he/she is not on assignment.