Mexico tax rates
The top rates a resident individual pays on each kind of income, computed by the Sovereign tax engine from its Mexico tax profile, with a provisional figure from a published summary where the engine has none yet.
Tier 2 — every figure has an accepted source; some rest on a PwC / Deloitte / KPMG / EY summary (marked †). Figures last changed 4 November 2026. Profile last reviewed 27 May 2026.
Scroll across the table to see all tax rates.
| Salary | Long-term gains | Short-term gains | Dividends | Interest | Rent | Crypto gains | |
|---|---|---|---|---|---|---|---|
| Mexico | 37.35% | 10%* | 10%* | 17.1%* | 10%† | 35%† | 35%* |
* Provisional — not yet verified by the Sovereign engine. capital gains, short-term gains, dividends, crypto gains: from PwC, read 10 November 2026. The engine's own figure replaces a provisional one as soon as the Mexico profile carries an accepted source for it.
† This figure rests on a PwC tax summary, not on the statute itself. The summary is the only source on file for it.
Each figure is the tax on one more unit of a very large amount of that income, with every layer the engine models: surtaxes and uncapped social contributions included. It is the top marginal rate, not the average rate you pay on all your income.
What is the top income tax rate in Mexico?
The top rate on a salary is 37.35%. It is the tax on each extra unit of a very high salary, with surtaxes and uncapped social contributions included. The income tax scale alone reaches 35% above MXN 5,107,704.
How are capital gains taxed in Mexico?
Provisionally 10%: the top rate on a long-term capital gain from a PwC summary read on 10 November 2026. The Sovereign engine has not yet computed this rate, so treat it as a pointer, not a verified figure. Flat 10% on the net yearly gain on shares sold through the Mexican stock exchange. The holding period that makes a gain long-term is 12 months.
How are dividends and interest taxed in Mexico?
The top rate is 17.1% (provisional) on dividends and 10% on interest. A provisional figure is from a PwC summary read on 10 November 2026, not computed by the engine. Rental income is taxed at up to 35%.
How is crypto taxed in Mexico?
The tax on a crypto gain in Mexico depends on facts the calculator needs case by case: the kind of transaction, the platform, and whether it is private or a business. Provisionally 35%: the top rate on a crypto gain from a PwC summary read on 10 November 2026. The Sovereign engine has not yet computed this rate, so treat it as a pointer, not a verified figure. No specific rule in the summary; other gains/income at progressive rates up to 35%.
Does Mexico tax foreign income?
Yes. Mexico taxes its residents on their worldwide income. A tax treaty or a credit for foreign tax can reduce the tax on income from abroad.
Does Mexico have a wealth tax?
No. Mexico has no recurring national tax on net wealth in our model. Property taxes and taxes on gifts or inheritances are separate.
Does Mexico have an exit tax for individuals?
No. In our model Mexico does not tax an individual's unrealised gains when the individual moves abroad.
When do you become tax resident in Mexico?
The Mexico day test (home and centre of vital interests, no fixed day threshold): no universal 183-day test; home, income and work ties decide. A move to a preferential tax regime can extend Mexican residence for five fiscal years unless an information-exchange exception applies. A travel count alone cannot decide any of these routes.
Residence decides whether Mexico taxes you on these rates. See the Mexico day-count test and count your own days.
Sources
The Mexico profile cites 3 sources for these rules, 2 of them from a government or a statute. A provisional figure in the table names its own source under the table.
- SAT RMF2026 Annex 8 C.II · official, retrieved 2026-11-03
- Income Tax Law, current issuer PDF reform 1 April 2024 · official, retrieved 2026-11-03
- PwC Worldwide Tax Summaries - Mexico individual taxes · summary, retrieved 2026-05-27
The model covers the general rules for a resident individual. It does not cover every deduction, credit, tax treaty or local tax, and rules change after the check date above. Did you find an error? Tell us, with the source.
Compare Mexico with other countries
Top rates do not show what you would pay. Sovereign applies these rules to your own assets, income and debts, and compares the result across 165 countries. Put Mexico side by side with other countries, see every country or try the live demo.
Other countries in North America: United States, Canada.