CN · AsiaMX · Americas

China vs Mexico: tax rates compared

Between the two, China's income tax rate (45%) tops Mexico's (35%) by 10pp. The 200-country average is 28%: both sit above it.

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%45%Corporate25%30%VAT13%16%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax CN MXDifference
Income Tax45%35%CN +10 pplargest gap
Corporate Tax25%30%MX +5 pp
VAT13%16%MX +3 pp
Capital Gains Tax0%10%MX +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
China45%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Individual, Taxes on personal income) · as of 2025-12-31
Mexico35%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+10 ppChina higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
China25%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 ppMexico higher

Between the two, Mexico's corporate tax rate (30%) tops China's (25%) by 5pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
China13%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Corporate, Other taxes) · as of 2025-12-31
Mexico16%Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24
Difference−3 ppMexico higher

Between the two, Mexico's VAT rate (16%) tops China's (13%) by 3pp. The 181-country average is 15%: China sits below it, Mexico sits above it. China's figure is dated 2025-12-31 and Mexico's 2026-02-24, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
China0%Source: State Taxation Administration Shanxi Provincial Tax Service — Caishuizi [1998] No. 61 (财税字〔1998〕61号) · as of 1998-03-30
Mexico10%Source: PwC Worldwide Tax Summaries — Mexico (Individual, Income determination) · as of 2026-01-30
Difference−10 ppMexico higher

Between the two, Mexico's capital gains tax rate (10%) tops China's (0%) by 10pp. The 175-country average is 10.3%: both sit below it. China's figure is dated 1998-03-30 and Mexico's 2026-01-30, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
China0%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Individual, Other taxes) · as of 2025-12-31
Mexico0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-24
Difference0 ppdisplayed rates match

There's no gap here — China and Mexico both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. China's figure is dated 2025-12-31 and Mexico's 2026-02-24, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.