LU · EuropeMX · Americas

Luxembourg vs Mexico: tax rates compared

Luxembourg has an income tax rate of 45.8%, 10.8pp above Mexico's 35%. 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

0102030405060Income35%45.8%Corporate23.9%30%VAT16%17%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax LU MXDifference
Income Tax45.8%35%LU +10.8 pplargest gap
Corporate Tax23.9%30%MX +6.1 pp
VAT17%16%LU +1 pp
Capital Gains Tax0%10%MX +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Luxembourg45.8%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+10.8 ppLuxembourg higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Luxembourg23.9%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−6.1 ppMexico higher

Mexico has a corporate tax rate of 30%, 6.1pp above Luxembourg's 23.9%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Luxembourg17%Source: PWC Worldwide Tax Summaries — Luxembourg (Corporate, Other taxes) · as of 2026-01-13
Mexico16%Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24
Difference+1 ppLuxembourg higher

Luxembourg has a VAT rate of 17%, 1pp above Mexico's 16%. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Income determination) · as of 2026-01-13
Mexico10%Source: PwC Worldwide Tax Summaries — Mexico (Individual, Income determination) · as of 2026-01-30
Difference−10 ppMexico higher

Mexico has a capital gains tax rate of 10%, 10pp above Luxembourg's 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Other taxes) · as of 2026-01-13
Mexico0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-24
Difference0 ppdisplayed rates match

Luxembourg 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.