Mexican government regulations require foreign marketplaces such as StockX to remit a percentage of all payouts from Mexican Sellers to the Mexican government. With effect from 22/03/24, StockX will introduce income and value-added tax withholding for all Mexican Sellers with a Mexico billing address.

The exact percentage of this remittance is determined by whether a Seller like you provides their personal or corporate tax ID (RFC number) on their StockX account.

Visit the Mexican Government website for assistance in locating and downloading your Constancia de Situación Fiscal PDF document.

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 moment 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.

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 table below for each scenario:

 

*intra-country trades only

If the Buyer is outside of Mexico, no VAT will be withheld regardless of Tax ID status.

Sellers will receive notification that a withholding certificate is available on the EDICOM website, on or before the 10th of the month for all sales completed in the previous month. The amount of each sale and the corresponding ISR and IVA withholdings are itemised in the withholding certificate. This information is filed electronically with the SAT.