MX · AmericasME · Europe

Mexico vs Montenegro: tax rates compared

Between the two, Mexico's income tax rate (35%) tops Montenegro's (15%) by 20pp. The 200-country average is 28%: Mexico sits above it, Montenegro sits below it. Mexico's figure is dated 2025-01-01 and Montenegro's 2026-03-27, 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

0102030405060Income15%35%Corporate15%30%VAT16%21%Capital Gains10%15%Wealth Tax0%
five shared taxes, side by side
Tax MX MEDifference
Income Tax35%15%MX +20 pplargest gap
Corporate Tax30%15%MX +15 pp
VAT16%21%ME +5 pp
Capital Gains Tax10%15%ME +5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Mexico35%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Montenegro15%Source: PWC Worldwide Tax Summaries — Montenegro (Individual, Taxes on personal income) · as of 2026-03-27
Difference+20 ppMexico higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Mexico30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Montenegro15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+15 ppMexico higher

Between the two, Mexico's corporate tax rate (30%) tops Montenegro's (15%) by 15pp. The 201-country average is 22.6%: Mexico sits above it, Montenegro sits below it.

VAT

VAT, side by side
CountryRateSource
Mexico16%Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24
Montenegro21%Source: PWC Worldwide Tax Summaries — Montenegro (Corporate, Other taxes) · as of 2026-03-27
Difference−5 ppMontenegro higher

Between the two, Montenegro's VAT rate (21%) tops Mexico's (16%) by 5pp. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Mexico10%Source: PwC Worldwide Tax Summaries — Mexico (Individual, Income determination) · as of 2026-01-30
Montenegro15%Source: PwC Worldwide Tax Summaries — Montenegro (Individual, Income determination) · as of 2026-03-27
Difference−5 ppMontenegro higher

Between the two, Montenegro's capital gains tax rate (15%) tops Mexico's (10%) by 5pp. The 175-country average is 10.3%: Mexico sits below it, Montenegro sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Mexico0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-24
Montenegro0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-27
Difference0 ppdisplayed rates match

There's no gap here — Mexico and Montenegro 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: Crypto Tax.