CV · AfricaMX · Americas
Cape Verde vs Mexico: tax rates compared
Between the two, Mexico's income tax rate (35%) tops Cape Verde's (27.5%) by 7.5pp. The 200-country average is 28%: Cape Verde sits below it, Mexico sits above it. Cape Verde's figure is dated 2026-05-29 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
| Tax | CV | MX | Difference |
|---|---|---|---|
| Income Tax | 27.5% | 35% | MX +7.5 pp |
| Corporate Tax | 21.4% | 30% | MX +8.6 pp |
| VAT | 15% | 16% | MX +1 pp |
| Capital Gains Tax | 1% | 10% | MX +9 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 27.5% | Source: PWC Worldwide Tax Summaries — Cabo Verde (Individual, Taxes on personal income) · as of 2026-05-29 |
| Mexico | 35% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −7.5 pp | Mexico higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 21.4% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Mexico | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −8.6 pp | Mexico higher |
Between the two, Mexico's corporate tax rate (30%) tops Cape Verde's (21.4%) by 8.6pp. The 201-country average is 22.6%: Cape Verde sits below it, Mexico sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 15% | Source: PWC Worldwide Tax Summaries — Cabo Verde (Corporate, Other taxes) · as of 2026-05-29 |
| Mexico | 16% | Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24 |
| Difference | −1 pp | Mexico higher |
Between the two, Mexico's VAT rate (16%) tops Cape Verde's (15%) by 1pp. The 181-country average is 15%: Cape Verde matches the world average, Mexico sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 1% | Source: PWC Worldwide Tax Summaries — Cabo Verde (Individual, Income determination) · as of 2026-05-29 |
| Mexico | 10% | Source: PwC Worldwide Tax Summaries — Mexico (Individual, Income determination) · as of 2026-01-30 |
| Difference | −9 pp | Mexico higher |
Between the two, Mexico's capital gains tax rate (10%) tops Cape Verde's (1%) by 9pp. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 0% | Source: PWC Worldwide Tax Summaries — Cabo Verde (Individual, Other taxes) · as of 2026-07-18 |
| Mexico | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-24 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Cape Verde and Mexico both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.