MX · AmericasSN · Africa
Mexico vs Senegal: tax rates compared
Senegal's income tax rate is 8pp higher than Mexico's (43% vs 35%). The 200-country average is 28%: both sit above it. Mexico's figure is dated 2025-01-01 and Senegal's 2026-03-31, 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 | SN | Difference |
|---|---|---|---|
| Income Tax | 35% | 43% | SN +8 pp |
| Corporate Tax | 30% | 30% | match |
| VAT | 16% | 18% | SN +2 pp |
| Capital Gains Tax | 10% | 43% | SN +33 pplargest gap |
| 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 |
| Senegal | 43% | Source: PWC Worldwide Tax Summaries — Senegal (Individual, Taxes on personal income) · as of 2026-03-31 |
| Difference | −8 pp | Senegal higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Mexico | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Senegal | 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 Senegal's — both sit at 30%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Mexico | 16% | Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24 |
| Senegal | 18% | Source: PWC Worldwide Tax Summaries — Senegal (Corporate, Other taxes) · as of 2026-03-31 |
| Difference | −2 pp | Senegal higher |
Senegal's VAT rate is 2pp higher than Mexico's (18% vs 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 |
| Senegal | 43% | Source: PWC Worldwide Tax Summaries — Senegal (Individual, Taxes on personal income) · as of 2026-03-31 |
| Difference | −33 pp | Senegal higher |
Senegal's capital gains tax rate is 33pp higher than Mexico's (43% vs 10%). The 175-country average is 10.3%: Mexico sits below it, Senegal sits above 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 |
| Senegal | 0% | Source: PWC Worldwide Tax Summaries — Senegal (Individual, Other taxes) · as of 2026-03-31 |
| Difference | 0 pp | displayed rates match |
Mexico's wealth tax rate is identical to Senegal's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.