Treaty definition of "business profits" clarified 2005 tax reform treaty override?

As stated in section 4.02. of the Mexican chapter of the IBFD looseleaf, Taxation in Latin America, the 2005 tax reform altered the definition of non-residents' business profits to exclude from such definition all types of income governed by Title V of the Income Tax Law (impuesto sobre la renta, previously set out in the law of 30 December 1980, LIR) regarding non-residents' Mexican source income. Accordingly, income from services rendered in Mexico or abroad, rental income from property locate…