MX · AmericasMK · Europe
Mexico vs North Macedonia: tax rates compared
Mexico has an income tax rate of 35%, 25pp above North Macedonia's 10%. The 200-country average is 28%: Mexico sits above it, North Macedonia sits below it. Mexico's figure is dated 2025-01-01 and North Macedonia's 2023-01-01, 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
| Tax | MX | MK | Difference |
|---|---|---|---|
| Income Tax | 35% | 10% | MX +25 pplargest gap |
| Corporate Tax | 30% | 10% | MX +20 pp |
| VAT | 16% | 18% | MK +2 pp |
| Capital Gains Tax | 10% | 10% | match |
| 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 |
| North Macedonia | 10% | Source: PWC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2023-01-01 |
| Difference | +25 pp | Mexico higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Mexico | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| North Macedonia | 10% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +20 pp | Mexico higher |
Mexico has a corporate tax rate of 30%, 20pp above North Macedonia's 10%. The 201-country average is 22.6%: Mexico sits above it, North Macedonia sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Mexico | 16% | Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24 |
| North Macedonia | 18% | Source: PWC Worldwide Tax Summaries — North Macedonia (Corporate, Other taxes) · as of 2026-07-23 |
| Difference | −2 pp | North Macedonia higher |
North Macedonia has a VAT rate of 18%, 2pp above Mexico's 16%. The 181-country average is 15%: 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 |
| North Macedonia | 10% | Source: PwC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2026-02-08 |
| Difference | 0 pp | displayed rates match |
Mexico and North Macedonia share the same capital gains tax rate: 10%. 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 |
| North Macedonia | 0% | Source: Ministry of Finance of the Republic of North Macedonia — Taxes and Customs · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Mexico and North Macedonia 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.