Mexico: Property tax in Nuevo León state

Mexico: Property tax in Nuevo León state

Property tax assessments on residences and condominiums in the state of Nuevo León may reflect an increase in cadastral value.

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The provisions of the law governing municipalities of the State of Nuevo León, effective 1 January 2017, stated that owners and co-owners are liable for the property tax on any structures build on the property (including condominiums). 

However, some believe the provisions governing the mechanics and determination for paying property tax are contrary to constitutional law. There may be defenses to the property tax assessments (e.g., taxation must be in a proportional and equitable manner, as required under Mexico’s Constitution). Accordingly, there may be refund opportunities for amounts of property tax paid (plus interest) if taxpayers are successful in their constitutional challenges. 

 

Read a January 2017 report (Spanish) prepared by the KPMG member firm in Mexico: Ley de Hacienda del Estado de Nuevo León para 2017 

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