JP · AsiaMX · Americas
Japan vs Mexico: tax rates compared
Between the two, Japan's income tax rate (55.9%) tops Mexico's (35%) by 20.9pp. 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
| Tax | JP | MX | Difference |
|---|---|---|---|
| Income Tax | 55.9% | 35% | JP +20.9 pplargest gap |
| Corporate Tax | 29.7% | 30% | MX +0.3 pp |
| VAT | 10% | 16% | MX +6 pp |
| Capital Gains Tax | 20.3% | 10% | JP +10.3 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Japan | 55.9% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Mexico | 35% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | +20.9 pp | Japan higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Japan | 29.7% | 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 | −0.3 pp | Mexico higher |
Between the two, Mexico's corporate tax rate (30%) tops Japan's (29.7%) by 0.3pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Japan | 10% | Source: PWC Worldwide Tax Summaries — Japan (Corporate, Other taxes) · as of 2026-01-13 |
| Mexico | 16% | Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24 |
| Difference | −6 pp | Mexico higher |
Between the two, Mexico's VAT rate (16%) tops Japan's (10%) by 6pp. The 181-country average is 15%: Japan sits below it, Mexico sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Japan | 20.3% | Source: PWC Worldwide Tax Summaries — Japan (Individual, Income determination) · as of 2026-01-13 |
| Mexico | 10% | Source: PwC Worldwide Tax Summaries — Mexico (Individual, Income determination) · as of 2026-01-30 |
| Difference | +10.3 pp | Japan higher |
Between the two, Japan's capital gains tax rate (20.3%) tops Mexico's (10%) by 10.3pp. The 175-country average is 10.3%: Japan sits above it, Mexico sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Japan | 0% | Source: PWC Worldwide Tax Summaries — Japan (Individual, Other taxes) · as of 2026-01-13 |
| 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 — Japan 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.