KI · OceaniaMX · Americas
Kiribati vs Mexico: tax rates compared
Between the two, Mexico's income tax rate (35%) tops Kiribati's (30%) by 5pp. The 200-country average is 28%: both sit above it. Kiribati's figure is dated 2014-01-01 and Mexico's 2025-01-01, so the two rates come from different data vintages.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | KI | MX | Difference |
|---|---|---|---|
| Income Tax | 30% | 35% | MX +5 pplargest gap |
| Corporate Tax | 35% | 30% | KI +5 pp |
| VAT | 12.5% | 16% | MX +3.5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Kiribati | 30% | Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Tax Obligation Pamphlet (January 2026) · as of 2014-01-01 |
| Mexico | 35% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −5 pp | Mexico higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Kiribati | 35% | Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Tax Obligation Pamphlet (January 2026) · as of 2001-01-01 |
| Mexico | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | Kiribati higher |
Between the two, Kiribati's corporate tax rate (35%) tops Mexico's (30%) by 5pp. The 201-country average is 22.6%: both sit above it. Kiribati's figure is dated 2001-01-01 and Mexico's 2025-01-01, so the two rates come from different data vintages.
VAT
| Country | Rate | Source |
|---|---|---|
| Kiribati | 12.5% | Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Guidelines and Obligations of VAT Registered Businesses · as of 2024-05-31 |
| Mexico | 16% | Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24 |
| Difference | −3.5 pp | Mexico higher |
Between the two, Mexico's VAT rate (16%) tops Kiribati's (12.5%) by 3.5pp. The 181-country average is 15%: Kiribati sits below it, Mexico sits above it. Kiribati's figure is dated 2024-05-31 and Mexico's 2026-02-24, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Kiribati | 0% | Source: Kiribati Ministry of Finance and Economic Development — Taxation · 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 — Kiribati 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: Capital Gains Tax, Crypto Tax.