Mexican Government regulations require foreign marketplaces, such as StockX, to remit a percentage of all payouts from Mexican Sellers to the Mexican Government.
The percentage of this remittance is dependent upon if a Seller like you submits your personal or corporate tax ID (RFC number) into your StockX account.
I don’t know what my RFC ID is. How do I locate it?
Visit the
Mexican Government website for assistance in locating your PDF Constancia de Situacion Fiscal.
How do I register my RFC number?
StockX Sellers in Mexico must securely upload the “Constancia de Situacion Fiscal” document to our tax partner Persona. You will be prompted to add your Tax ID when placing an Ask or Selling Now on StockX. It may take a minute to validate your information. If possible, please upload your PDF documentation to help prevent any potential validation issues.
After verifying with Persona, your RFC number will appear above the Total Payout in the Place Ask or Sell Now screen.
What are the remittance percentages?
Those who submit a personal RFC ID will be subject to a 1% Income Withholding Tax and an 8% VAT Withholding Tax, while those who submit a corporate RFC ID will be subject to a 0% Income Withholding Tax and a 0% VAT Withholding Tax.
Sellers who do not submit a valid RFC ID will be subject to a 20% Income Withholding Tax and a 16% VAT Withholding Tax on all payouts. See the list below for each scenario:
- Tax ID Type: Business
- Income Withholding Tax (ISR): 0%
- VAT (IVA) Withholding*: 0%
- Total: 0%
- Tax ID Type: Personal
- Income Withholding Tax (ISR): 1%
- VAT (IVA) Withholding*: 8%
- Total: 9%
- Tax ID Type: Unregistered
*intra-country trades only
What if I don’t know where the Buyer for my sale is based?
If the Buyer is outside of Mexico, no VAT will be withheld regardless of Tax ID status.
How will I get my withholding certificate?
Sellers will receive notification that a withholding certificate is available on the EDICOM website, on or before the 10th of the month for all completed sales during the prior month. The amounts of each sale, and the corresponding ISR and IVA withholdings are itemized in the withholding certificate. This information is electronically filed with the SAT.