AU · Oceania ↔ MX · Americas

Australia vs Mexico: tax rates compared

Australia has an income tax rate of 47%, 12pp above Mexico's 35%. The 37-country average is 43.2%: Australia sits above it, Mexico sits below it.

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

Income Tax

0102030405060World avg 43.2%AU 47%MX 35%
Income Tax, side by side
CountryRateSource
Australia47%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Mexico35%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+12 ppAustralia higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%AU 30%MX 30%
Corporate Tax, side by side
CountryRateSource
Australia30%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
Difference0 ppdisplayed rates match

Australia and Mexico share the same corporate tax rate: 30%. The 201-country average is 22.6%: both sit above it.

VAT

0102030405060World avg 19.5%AU 10%MX 16%
VAT, side by side
CountryRateSource
Australia10%Source: PWC Worldwide Tax Summaries — Australia (Corporate, Other taxes) · as of 2026-06-30
Mexico16%Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24
Difference−6 ppMexico higher

Mexico has a VAT rate of 16%, 6pp above Australia's 10%. The 37-country average is 19.5%: both sit below it.

Wealth Tax

0102030405060World avg 0.1%AU 0%MX 0%
Wealth Tax, side by side
CountryRateSource
Australia0%Source: PWC Worldwide Tax Summaries — Australia (Net wealth/worth tax rates) · as of 2026-06-30
Mexico0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-24
Difference0 ppdisplayed rates match

Australia and Mexico share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.