AR · AmericasMX · Americas

Argentina vs Mexico: tax rates compared

Argentina's income tax rate is identical to Mexico's — both sit at 35%. The 200-country average is 28%: both sit above it. Argentina's figure is dated 2026-06-16 and Mexico's 2025-01-01, so the two rates come from different data vintages.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income35%Corporate30%35%VAT16%21%Capital Gains0%10%Wealth Tax0%1%
five shared taxes, side by side
Tax AR MXDifference
Income Tax35%35%match
Corporate Tax35%30%AR +5 pp
VAT21%16%AR +5 pp
Capital Gains Tax0%10%MX +10 pplargest gap
Wealth Tax1%0%AR +1 pp

Income Tax

Income Tax, side by side
CountryRateSource
Argentina35%Source: PWC Worldwide Tax Summaries — Argentina (Individual, Taxes on personal income) · as of 2026-06-16
Mexico35%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Argentina35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Mexico30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppArgentina higher

Argentina's corporate tax rate is 5pp higher than Mexico's (35% vs 30%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Argentina21%Source: PWC Worldwide Tax Summaries — Argentina (Corporate, Other taxes) · as of 2026-06-16
Mexico16%Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24
Difference+5 ppArgentina higher

Argentina's VAT rate is 5pp higher than Mexico's (21% vs 16%). The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Argentina0%Source: PWC Worldwide Tax Summaries — Argentina (Individual, Income determination) · as of 2026-06-16
Mexico10%Source: PwC Worldwide Tax Summaries — Mexico (Individual, Income determination) · as of 2026-01-30
Difference−10 ppMexico higher

Mexico's capital gains tax rate is 10pp higher than Argentina's (10% vs 0%). The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Argentina1%Source: AFIP/ARCA — Impuesto sobre los Bienes Personales, alícuotas · as of 2025-01-01
Mexico0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-24
Difference+1 ppArgentina higher

Argentina's wealth tax rate is 1pp higher than Mexico's (1% vs 0%). The 193-country average is 0.1%: Argentina sits above it, Mexico sits below it. Argentina's figure is dated 2025-01-01 and Mexico's 2026-02-24, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.