Mexico Supreme Court Overturns SAT Ruling on Afore Tax for Deceased Workers
The Supreme Court examined the contradictory rulings of two courts regarding the tax treatment of Afore savings after a worker's death. It concluded that the tax authority's charge violated the law and reversed the decision, allowing heirs to receive the funds without income tax.
The judgment sets a precedent for future inheritance of retirement accounts in Mexico and eases the financial burden on beneficiaries.
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