{"id":711,"date":"2022-01-20T19:18:59","date_gmt":"2022-01-20T19:18:59","guid":{"rendered":"https:\/\/q1dapyf5zv.onrocket.site\/?p=711"},"modified":"2022-02-02T02:50:53","modified_gmt":"2022-02-02T02:50:53","slug":"que-es-la-ptu-en-mexico","status":"publish","type":"post","link":"https:\/\/taxid.mx\/english\/que-es-la-ptu-en-mexico\/","title":{"rendered":"What is PTU in Mexico?"},"content":{"rendered":"

The PTU is the Participation of Workers in the Company's Profits, which is a benefit that all employers are obliged to fulfill with their workers.<\/p>\n\n\n\n

If the company did not generate profits, said benefit does not have to be granted. The right of workers to receive profit sharing is a constitutional right established in article 123 of the Mexican Constitution and also reflected in the Federal Labor Law (LFT). <\/p>\n\n\n\n

According to the legislators in Mexico, the PTU is an instrument to contribute to the redistribution of wealth in the country and a benefit that stimulates productivity within companies since it rewards the efforts of employees in generating profits within the companies. <\/p>\n\n\n\n

PTU must be paid no later than May 30 of the following year to which it refers. <\/p>\n\n\n\n

Who is entitled to the PTU payment?<\/strong><\/p>\n\n\n\n