LT · EuropeMX · Americas

Lithuania vs Mexico: tax rates compared

Mexico has an income tax rate of 35%, 3pp above Lithuania's 32%. 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

0102030405060Income32%35%Corporate16%30%VAT16%21%Capital Gains10%20%Wealth Tax0%
five shared taxes, side by side
Tax LT MXDifference
Income Tax32%35%MX +3 pp
Corporate Tax16%30%MX +14 pplargest gap
VAT21%16%LT +5 pp
Capital Gains Tax20%10%LT +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Lithuania32%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Mexico35%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−3 ppMexico higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Lithuania16%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−14 ppMexico higher

Mexico has a corporate tax rate of 30%, 14pp above Lithuania's 16%. The 201-country average is 22.6%: Lithuania sits below it, Mexico sits above it.

VAT

VAT, side by side
CountryRateSource
Lithuania21%Source: PWC Worldwide Tax Summaries — Lithuania (Corporate, Other taxes) · as of 2026-03-10
Mexico16%Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24
Difference+5 ppLithuania higher

Lithuania has a VAT rate of 21%, 5pp above Mexico's 16%. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Lithuania20%Source: PWC Worldwide Tax Summaries — Lithuania (Individual, Income determination) · as of 2026-03-10
Mexico10%Source: PwC Worldwide Tax Summaries — Mexico (Individual, Income determination) · as of 2026-01-30
Difference+10 ppLithuania higher

Lithuania has a capital gains tax rate of 20%, 10pp above Mexico's 10%. The 175-country average is 10.3%: Lithuania sits above it, Mexico sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Lithuania0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-10
Mexico0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-24
Difference0 ppdisplayed rates match

Lithuania 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.