Are gambling profits taxed in Mexico?

[ligastar]

I know different countries have different laws. For example, in the U.S. gambling profits are taxed but in the UK they are not. What about Mexico? Do Mexican citizens have to pay tax on gambling profits? What about non-citizen residents of Mexico?

Thanks in advance.

[SharpAngles]

Good luck getting Mexican citizenship. I know a few poker friends who made the move down south after Black Friday and they are still stuck in red tape trying. We’re talking 7 years later and still no bueno.

[JIBBBY]

Do Mexicans in Mexico pay taxes period should be the question? Everyone working are paid in cash (Pesos) under the table I thought.

[jjgold]

Don’t worry about gambling taxes

[Sam Odom]

legal shops in Mex will tax you on winnings

Sammy used to go twice a NFL season to TJ back a long time ago for Sunday games...

[ligastar]

Good luck getting Mexican citizenship. I know a few poker friends who made the move down south after Black Friday and they are still stuck in red tape trying. We’re talking 7 years later and still no bueno.

I'm not interested in obtaining MEX citizenship ... possibly residency down the road. Also it matters how MEX banks react to large deposits or withdraws coming into and out of the account.

[SharpAngles]

Well if you’re not a citizen you obviously don’t worry about the Mexican tax code. Ex pats pay their country of citizenship’s taxes no matter where they live in the world. Living in Mexico and still paying Uncle Sam sounds like a lose lose proposition.

[JayLA]

Is there legal sportsbetting in Mexico? If so, they might follow other Latin countries and tax you -115 on a -110 line and paying taxes after withdrawing a certain amount.

[ligastar]

Well if you’re not a citizen you obviously don’t worry about the Mexican tax code. Ex pats pay their country of citizenship’s taxes no matter where they live in the world. Living in Mexico and still paying Uncle Sam sounds like a lose lose proposition.

i lived in the Czech Republic for many years as a resident and had to pay Czech income tax. i'm not interested in running afoul of the law in a foreign country and this is why i'm seeking info on how the tax code works in MEX as a legal resident. in the CZE i never went over $80k during a year so i never owed tax to the U.S. (although obv i had to file each year).

[leovegas]

I know different countries have different laws. For example, in the U.S. gambling profits are taxed but in the UK they are not. What about Mexico? Do Mexican citizens have to pay tax on gambling profits? What about non-citizen residents of Mexico?

Thanks in advance.

who do you like in TNF?

[MRivera42]

I know different countries have different laws. For example, in the U.S. gambling profits are taxed but in the UK they are not. What about Mexico? Do Mexican citizens have to pay tax on gambling profits? What about non-citizen residents of Mexico?

Thanks in advance.

go to caliente sportsbook and casino in TIJUANA

[Rich Boy]

Come to Canada they dont tax jack shiet here

[danshan11]

go to caliente sportsbook and casino in TIJUANA

I think they might have the highest juice in the world, and I am being literal. The vig prices are so high its unbelievable

[ligastar]

Come to Canada they dont tax jack shiet here

i wish it was a viable option.

[lonegambler23]

i lived in the Czech Republic for many years as a resident and had to pay Czech income tax. i'm not interested in running afoul of the law in a foreign country and this is why i'm seeking info on how the tax code works in MEX as a legal resident. in the CZE i never went over $80k during a year so i never owed tax to the U.S. (although obv i had to file each year).

how do you gain Czech citizenship? were u czech? ive always wondered as a US citizen how to get euro citizenship

[ligastar]

how do you gain Czech citizenship? were u czech? ive always wondered as a US citizen how to get euro citizenship

i lived in the Czech Republic for many years as a resident (not as a citizen).