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Mexico vs Seychelles: tax rates compared

Between the two, Mexico's income tax rate (35%) tops Seychelles's (30%) by 5pp. The 200-country average is 28%: both sit above it. Mexico's figure is dated 2025-01-01 and Seychelles's 2018-06-01, 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

0102030405060Income30%35%Corporate25%30%VAT15%16%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax MX SCDifference
Income Tax35%30%MX +5 pp
Corporate Tax30%25%MX +5 pp
VAT16%15%MX +1 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
Seychelles30%Source: Seychelles Revenue Commission — Income and Non-Monetary Benefits Tax · as of 2018-06-01
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
Seychelles25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppMexico higher

Between the two, Mexico's corporate tax rate (30%) tops Seychelles's (25%) by 5pp. 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
Seychelles15%Source: Seychelles Revenue Commission · as of 2010-01-01
Difference+1 ppMexico higher

Between the two, Mexico's VAT rate (16%) tops Seychelles's (15%) by 1pp. The 181-country average is 15%: Mexico sits above it, Seychelles matches the world average. Mexico's figure is dated 2026-02-24 and Seychelles's 2010-01-01, 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
Seychelles0%Source: Seychelles Revenue Commission — The Seychelles Tax System · as of 2026-07-19
Difference+10 ppMexico higher

Between the two, Mexico's capital gains tax rate (10%) tops Seychelles's (0%) by 10pp. 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
Seychelles0%Source: Seychelles Revenue Commission · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Mexico and Seychelles 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.