MX · AmericasLC · Americas

Mexico vs Saint Lucia: tax rates compared

Mexico has an income tax rate of 35%, 5pp above Saint Lucia's 30%. The 200-country average is 28%: both sit above it. Mexico's figure is dated 2025-01-01 and Saint Lucia's 2026-01-13, 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

0102030405060Income30%35%Corporate30%VAT12.5%16%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax MX LCDifference
Income Tax35%30%MX +5 pp
Corporate Tax30%30%match
VAT16%12.5%MX +3.5 pp
Capital Gains Tax10%0%MX +10 pplargest gap
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
Saint Lucia30%Source: PWC Worldwide Tax Summaries — Saint Lucia (Individual, Taxes on personal income) · as of 2026-01-13
Difference+5 ppMexico higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Mexico30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Saint Lucia30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Mexico and Saint Lucia share the same corporate tax rate: 30%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Mexico16%Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24
Saint Lucia12.5%Source: PWC Worldwide Tax Summaries — Saint Lucia (Corporate, Other taxes) · as of 2026-01-13
Difference+3.5 ppMexico higher

Mexico has a VAT rate of 16%, 3.5pp above Saint Lucia's 12.5%. The 181-country average is 15%: Mexico sits above it, Saint Lucia sits below 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
Saint Lucia0%Source: PWC Worldwide Tax Summaries — Saint Lucia (Individual, Income determination) · as of 2026-01-13
Difference+10 ppMexico higher

Mexico has a capital gains tax rate of 10%, 10pp above Saint Lucia'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
Saint Lucia0%Source: PWC Worldwide Tax Summaries — Saint Lucia (Individual, Other taxes) · as of 2026-01-13
Difference0 ppdisplayed rates match

Mexico and Saint Lucia 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.