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HMRC internal manual

Double Taxation Relief Manual

HM Revenue & Customs
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Mexico: Interest

The Mexican tax on interest payable to a United Kingdom resident is reduced under the terms of the agreement. However, the rate (if any) applicable depends upon the status of the recipient and the payer and reference should be made to paragraphs (2) - (4) of Article 11 for details.

It should be noted that the rates set out in paragraph (2) are those which now apply as the agreement has been in effect for more than three years. The rates set out in paragraph (3) are no longer relevant.