Mexico
Central America · MX · 61 treaties
What are the main tax rates in Mexico?
Mexico has a top personal income tax rate of 34% and a corporate tax rate of 30%. The standard VAT is 16%.
Tax profile
| Corporate income tax | 30% |
| Withholding — dividends | 10% |
| Withholding — interest | 35% |
| Withholding — royalties | 35% |
| VAT / GST (standard) | 16% |
| Personal income (top rate) | 34% |
| Capital gains | 10% |
| Tax system | Worldwide |
| Residency threshold | — |
| Exit / departure tax | No |
| CFC rules | Yes |
| Transfer pricing | Strict |
| Digital nomad visa | No |
| Digital services tax | none |
| Global minimum tax (Pillar 2) | Committed |
Common questions
- What is the capital gains tax rate in Mexico?
- The capital gains tax rate in Mexico is 10%.
- What is the dividend withholding tax in Mexico?
- Dividend withholding tax in Mexico is 10%.
- Does Mexico have an exit tax?
- Mexico does not have an exit tax.
Tax residency
ModerateWhat makes you a tax resident — and how hard it is to stop being one.
- permanent home (casa habitación) in Mexico
- center of vital interests in Mexico if home exists in Mexico and abroad
- more than 50% of calendar-year income from Mexican sources
- Mexico as principal place of professional activities
- Mexican citizen moving to a tax-haven country faces a 5-year deemed residency rule
Mexico’s official rule is home-based rather than day-count based, so leaving can be straightforward if you move your home abroad and stop having factual ties to Mexico. It is harder for Mexican nationals who move to a tax-haven country because the Federal Tax Code keeps them treated as residents for the departure year and the following five years unless an exception applies.
Source: Servicio de Administración Tributaria (SAT)
Tax treaty network (61)
In-force double-tax treaty partners. Treaty-reduced withholding (dividends / interest / royalties) shown where the official source publishes a rate; otherwise the country's statutory rate applies unless the treaty text provides a reduction.
| Partner | Div | Int | Roy |
|---|---|---|---|
| Argentina | 15% | 12% | 15% |
| Australia | 15% | 15% | 10% |
| Austria | 10% | 10% | 10% |
| Bahrain | 0% | 10% | 10% |
| Barbados | 10% | 10% | 10% |
| Belgium | 10% | 10% | 10% |
| Brazil | 15% | 15% | 15% |
| Canada | 15% | 10% | 10% |
| Chile | 10% | 10% | 10% |
| China | 5% | 10% | 10% |
| Colombia | 0% | 10% | 10% |
| Costa Rica | 12% | 10% | 10% |
| Czechia | 10% | 10% | 10% |
| Denmark | 15% | 15% | 10% |
| Ecuador | 5% | 15% | 10% |
| Estonia | 0% | 10% | 10% |
| Finland | 0% | 15% | 10% |
| France | 5% | 10% | 10% |
| Germany | 15% | 10% | 10% |
| Greece | 10% | 10% | 10% |
| Hong Kong S.A.R. | 0% | 10% | 10% |
| Hungary | 15% | 10% | 10% |
| Iceland | 15% | 10% | 10% |
| India | 10% | 10% | 10% |
| Indonesia | 10% | 10% | 10% |
| Ireland | 10% | 10% | 10% |
| Israel | 10% | 10% | 10% |
| Italy | 15% | 10% | 15% |
| Jamaica | 10% | 10% | 10% |
| Japan | 15% | 15% | 10% |
| South Korea | 15% | 15% | 10% |
| Kuwait | 0% | 10% | 10% |
| Latvia | 10% | 10% | 10% |
| Lithuania | 15% | 10% | 10% |
| Luxembourg | 15% | 10% | 10% |
| Malaysia | — | — | — |
| Malta | 0% | 10% | 10% |
| Netherlands | 15% | 10% | 10% |
| New Zealand | 15% | 10% | 10% |
| Norway | 15% | 15% | 10% |
| Panama | 7.5% | 10% | 10% |
| Peru | 15% | 15% | 15% |
| Philippines | 15% | 12.5% | 15% |
| Poland | 15% | 15% | 10% |
| Portugal | 10% | 10% | 10% |
| Qatar | 0% | 10% | 10% |
| Romania | 10% | 15% | 15% |
| Russia | 10% | 10% | 10% |
| Saudi Arabia | 5% | 10% | 10% |
| Singapore | 0% | 15% | 10% |
| Slovakia | 0% | 10% | 10% |
| South Africa | 10% | 10% | 10% |
| Spain | 10% | 10% | 10% |
| Sweden | 15% | 15% | 10% |
| Switzerland | 15% | 10% | 10% |
| Turkey | 15% | 15% | 10% |
| Ukraine | 15% | 10% | 10% |
| United Arab Emirates | 0% | 10% | 10% |
| United Kingdom | 0% | 15% | 10% |
| United States of America | 10% | 15% | 10% |
| Uruguay | 5% | 10% | 10% |