1E9Ct5D

118C H A P T E R V I Iv) Income received for granting the temporary use or enjoyment of movablegoods when: (1) these goods are used in the country and for commercial,industrial, agricultural, livestock or fishery activities or (2) when the materialdelivery of the goods occurs in Mexico;vi) Income received for the provision of technical assistance distinct from thetemporary use or enjoyment of patents, certificates of invention or improvement,manufacturing trademarks and commercial names, when the goods orrights that are being paid for are enjoyed in Mexico or when this is paid by atax resident or permanent establishment in Mexico;c) Income that is taxed, at the election of the taxpayer (provided certain requisites arecomplied with), at a rate of 25 percent of gross income or at the general rate of 28percent of net income (taking into account certain deductions allowed by theIncome Tax Law);i) Income from the alienation of real estate located in Mexico;ii) Income from the alienation of shares and securities (that represent the ownershipof goods) when: (1) they are issued by a Mexican company, or (2) morethan 50 percent of the book value of the shares or securities comes directly orindirectly from real estate located in Mexico;iii) Income from services in Mexico of construction work or building constructionor for inspection or supervision thereof. In the event that the service lastsmore than 183 days, a permanent establishment is generated;iv) Income from: (1) artistic or sporting activities or the presentation of publicshows in Mexico, (2) the promotion of such activities or shows, or (3)the provision of services, the granting of the use and enjoyment of goods,or the alienation of goods related to such activities or shows;d) Income that at the election of the taxpayer (provided that certain requisites arecomplied with) is taxed at a rate of 25 percent of the profit or at the general rateof 28 percent of the profits of the month after subtracting the losses from the restof the transactions of such month executed with the same institutions or persons:Financial transactions derived from capital when one of the parties is a residentor has a permanent establishment in Mexico and they involve shares and securities(that represent ownership of goods) when: (1) they are issued by a Mexicancompany; or (2) more than 50 percent of the book value of the shares orsecurities comes directly or indirectly from real estate located in Mexico;e) Income that at the election of the taxpayer (provided that certain requisites arecomplied with) is taxed at a rate of 25 percent of the total amount of the transactionor at 40 percent of the profit obtained:A debt for equity swap made by a person distinct from the original creditorwhen the debtor is Mexican;