MX · AmericasFM · Oceania
Mexico vs Micronesia: tax rates compared
Mexico's income tax rate is 25pp higher than Micronesia's (35% vs 10%). The 200-country average is 28%: Mexico sits above it, Micronesia sits below it. Mexico's figure is dated 2025-01-01 and Micronesia's 2026-07-20, 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 | MX | FM | Difference |
|---|---|---|---|
| Income Tax | 35% | 10% | MX +25 pplargest gap |
| Corporate Tax | 30% | 30% | match |
| Capital Gains Tax | 10% | 0% | MX +10 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Mexico | 35% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Micronesia | 10% | Source: Code of the Federated States of Micronesia, Title 54 (Taxation and Customs), Section 121 · as of 2026-07-20 |
| Difference | +25 pp | Mexico higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Mexico | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Micronesia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | 0 pp | displayed rates match |
Mexico's corporate tax rate is identical to Micronesia's — both sit at 30%. The 201-country average is 22.6%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Mexico | 10% | Source: PwC Worldwide Tax Summaries — Mexico (Individual, Income determination) · as of 2026-01-30 |
| Micronesia | 0% | Source: Code of the Federated States of Micronesia, Title 54 — Taxation and Customs · as of 2026-07-19 |
| Difference | +10 pp | Mexico higher |
Mexico's capital gains tax rate is 10pp higher than Micronesia's (10% vs 0%). The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Mexico | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-24 |
| Micronesia | 0% | Source: Federated States of Micronesia Code, Title 54 (Taxation and Customs), via fsmlaw.org · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Mexico's wealth tax rate is identical to Micronesia's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: VAT, Crypto Tax.