MX · AmericasPW · Oceania

Mexico vs Palau: tax rates compared

Mexico has an income tax rate of 35%, 23pp above Palau's 12%. The 200-country average is 28%: Mexico sits above it, Palau sits below it. Mexico's figure is dated 2025-01-01 and Palau'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

0102030405060Income12%35%VAT10%16%Capital Gains0%10%Wealth Tax0%
four shared taxes, side by side
Tax MX PWDifference
Income Tax35%12%MX +23 pplargest gap
VAT16%10%MX +6 pp
Capital Gains Tax10%0%MX +10 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
Palau12%Source: Government of Palau — Bureau of Revenue and Taxation, Wages and Salary Tax · as of 2026-07-20
Difference+23 ppMexico higher

VAT

VAT, side by side
CountryRateSource
Mexico16%Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24
Palau10%Source: Palau Bureau of Revenue & Taxation — Palau Goods and Services Tax (PGST) · as of 2023-01-01
Difference+6 ppMexico higher

Mexico has a VAT rate of 16%, 6pp above Palau's 10%. The 181-country average is 15%: Mexico sits above it, Palau sits below it. Mexico's figure is dated 2026-02-24 and Palau's 2023-01-01, so the two rates come from different data vintages.

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
Palau0%Source: Government of Palau — Ministry of Finance, Bureau of Revenue and Taxation · as of 2026-07-19
Difference+10 ppMexico higher

Mexico has a capital gains tax rate of 10%, 10pp above Palau's 0%. The 175-country average is 10.3%: both sit below 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
Palau0%Source: Palau National Code, Title 40 (Revenue and Taxation) — official text · as of 2026-07-18
Difference0 ppdisplayed rates match

Mexico and Palau share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Corporate Tax, Crypto Tax.