Industries

Helping clients meet their business challenges begins with an in-depth understanding of the industries in which they work. That’s why KPMG LLP established its industry-driven structure. In fact, KPMG LLP was the first of the Big Four firms to organize itself along the same industry lines as clients.

How We Work

We bring together passionate problem-solvers, innovative technologies, and full-service capabilities to create opportunity with every insight.

Learn more

Careers & Culture

What is culture? Culture is how we do things around here. It is the combination of a predominant mindset, actions (both big and small) that we all commit to every day, and the underlying processes, programs and systems supporting how work gets done.

Learn more

Mexico: Guidance on determination of business profits under tax treaties

Guidance indicates that not all income derived from performance of lawful business activity will be considered “business profits” under tax treaties

April 25, 2024

Recent guidance (thesis IX-P-2aS-284) indicates that not all income derived from the performance of lawful business activity will be considered “business profits” under tax treaties, although income derived from activities provided for in article 16 of the Federal Tax Code (CFF) (i.e., those generated by commercial, industrial, agricultural, livestock, fishing, and forestry activities) generally will be considered business profits.

The guidance also indicates that Article 75 of the Commercial Code may also provide guidance as to what is understood by commercial activity.

Read an April 2024 report (Spanish) prepared by the KPMG member firm in Mexico

    Thank you!

    Thank you for contacting KPMG. We will respond to you as soon as possible.

    Contact KPMG

    Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.

    By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP's Privacy Statement.

    An error occurred. Please contact customer support.

    Job seekers

    Visit our careers section or search our jobs database.

    Submit RFP

    Use the RFP submission form to detail the services KPMG can help assist you with.

    Office locations

    International hotline

    You can confidentially report concerns to the KPMG International hotline

    Press contacts

    Do you need to speak with our Press Office? Here's how to get in touch.

    Headline