Client Alert

Reminder: Payment of Property Tax

Property tax is one of the annual tax obligations that individuals and entities owning real estate must fulfill. This tax is collected by municipalities, and its primary purpose is to contribute to the development and maintenance of local infrastructure.

Most municipalities offer incentives to encourage timely payment of this tax, such as early payment discounts during the fisrt months of the year. Additionally, some municipalities allow installment payments or implement regularization programs for those with outstanding balances.

It is essential to comply with this obligation within the established deadlines to avoid penalties or late fees.

Should you have any questions, wish to learn about the benefits applicable to your case, or require additional assistance in meeting this tax obligation, please do not hesitate to contact the professionals at Cuesta Campos.


Contact

Berenice Soto García
bsoto@cuestacampos.com

Héctor Ceballos González
hceballos@cuestacampos.com

THE ABOVE IS PROVIDED AS GENERAL INFORMATION PREPARED BY PROFESSIONALS WITH REGARD TO THE SUBJECT MATTER. THIS DOCUMENT ONLY REFERS TO THE APPLICABLE LAW IN MEXICO. WHILE EVERY EFFORT HAS BEEN MADE TO ENSURE ACCURACY, NO RESPONSIBILITY CAN BE ACCEPTED FOR ERRORS OR OMISSIONS. THE INFORMATION CONTAINED HEREIN SHOULD NOT BE RELIED ON AS LEGAL, ACCOUNTING OR PROFESSIONAL ADVICE BEING RENDERED.