DO · AmericasMX · Americas

Dominican Republic vs Mexico: tax rates compared

Mexico has an income tax rate of 35%, 10pp above Dominican Republic's 25%. The 200-country average is 28%: Dominican Republic sits below it, Mexico sits 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

0102030405060Income25%35%Corporate27%30%VAT16%18%Capital Gains10%25%Wealth Tax0%
five shared taxes, side by side
Tax DO MXDifference
Income Tax25%35%MX +10 pp
Corporate Tax27%30%MX +3 pp
VAT18%16%DO +2 pp
Capital Gains Tax25%10%DO +15 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Dominican Republic25%Source: PwC Worldwide Tax Summaries — Dominican Republic, Individual - Taxes on personal income · as of 2025-12-05
Mexico35%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−10 ppMexico higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Dominican Republic27%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−3 ppMexico higher

Mexico has a corporate tax rate of 30%, 3pp above Dominican Republic's 27%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Dominican Republic18%Source: PWC Worldwide Tax Summaries — Dominican Republic (Corporate, Other taxes) · as of 2025-12-05
Mexico16%Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24
Difference+2 ppDominican Republic higher

Dominican Republic has a VAT rate of 18%, 2pp above Mexico's 16%. The 181-country average is 15%: both sit above it. Dominican Republic's figure is dated 2025-12-05 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
Dominican Republic25%Source: PwC Worldwide Tax Summaries — Dominican Republic, Individual - Taxes on personal income · as of 2025-12-05
Mexico10%Source: PwC Worldwide Tax Summaries — Mexico (Individual, Income determination) · as of 2026-01-30
Difference+15 ppDominican Republic higher

Dominican Republic has a capital gains tax rate of 25%, 15pp above Mexico's 10%. The 175-country average is 10.3%: Dominican Republic sits above it, Mexico sits below it. Dominican Republic's figure is dated 2025-12-05 and Mexico's 2026-01-30, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Dominican Republic0%Source: PWC Worldwide Tax Summaries — Dominican Republic (Individual, Other taxes) · as of 2025-12-05
Mexico0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-24
Difference0 ppdisplayed rates match

Dominican Republic and Mexico share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Dominican Republic's figure is dated 2025-12-05 and Mexico's 2026-02-24, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.