Americas
Currency
MXN
Corporate Tax
30%
Personal Income Tax
35%
VAT / GST
16%
Flat 30%.
Top rate 35% above MXN 327,777/month (2024); 1.92-35% scale.
Standard; 0% in border zone (was 8%, now 16% since 2021); 0% on essentials.
Dividends
10%
Interest
35%
Royalties
35%
Rates shown are statutory; treaty networks may reduce withholding significantly. Verify against the relevant double-tax agreement.
IMSS ~25-30% of payroll (employer ~20-25% + employee ~5%); INFONAVIT 5% employer.
Capital Gains Tax
10–35% (income)
Inheritance / Estate Tax
0% (no inheritance tax)
Capital (Net Worth) Tax
0%
Property Tax
Predial (municipal)
Rates are indicative headline figures and may omit holding-period exemptions, regional variation, and surcharges. Verify against current law before relying on them.
Treaties in force
~60
Key partners: USA, Canada, UK, Germany, France, Spain
Withholding typically 5%–15%; many treaties offer 0% on dividends for substantial holdings.
Treaty counts are approximate and change as agreements are signed, ratified, or terminated. Verify the status and withholding rates under the specific treaty before relying on them.
Calendar year
Notes
IETU (flat business tax) abolished. IVA on digital services. Maquiladora regime for manufacturing.
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