LA · AsiaMX · Americas

Laos vs Mexico: tax rates compared

Mexico has an income tax rate of 35%, 10pp above Laos's 25%. The 200-country average is 28%: Laos sits below it, Mexico sits above it. Laos's figure is dated 2026-02-06 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

0102030405060Income25%35%Corporate20%30%VAT10%16%Capital Gains2%10%Wealth Tax0%
five shared taxes, side by side
Tax LA MXDifference
Income Tax25%35%MX +10 pplargest gap
Corporate Tax20%30%MX +10 pp
VAT10%16%MX +6 pp
Capital Gains Tax2%10%MX +8 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Laos25%Source: PWC Worldwide Tax Summaries — Lao PDR (Individual, Taxes on personal income) · as of 2026-02-06
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
Laos20%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−10 ppMexico higher

Mexico has a corporate tax rate of 30%, 10pp above Laos's 20%. The 201-country average is 22.6%: Laos sits below it, Mexico sits above it.

VAT

VAT, side by side
CountryRateSource
Laos10%Source: PWC Worldwide Tax Summaries — Lao PDR (Corporate, Other taxes) · as of 2026-02-06
Mexico16%Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24
Difference−6 ppMexico higher

Mexico has a VAT rate of 16%, 6pp above Laos's 10%. The 181-country average is 15%: Laos sits below it, Mexico sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Laos2%Source: PWC Worldwide Tax Summaries — Lao PDR (Individual, Income determination) · as of 2026-02-06
Mexico10%Source: PwC Worldwide Tax Summaries — Mexico (Individual, Income determination) · as of 2026-01-30
Difference−8 ppMexico higher

Mexico has a capital gains tax rate of 10%, 8pp above Laos's 2%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Laos0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-06
Mexico0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-24
Difference0 ppdisplayed rates match

Laos and Mexico share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.