The 2011 double taxation agreement (DTA) concluded by Mexico and Peru entered into force on 19 February 2014 and will apply as from 1 January 2015. When in effect, the treaty will provide for a 10% withholding tax on dividends paid to a company that holds directly or indirectly at least 25% of the voting rights of the payer company; otherwise, the rate will be 15%. The rate on interest and royalties will be 15%.
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Mexico promises an unchanged tax regime until 2018
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