MX · AmericasSK · Europe

Mexico vs Slovakia: tax rates compared

Mexico's income tax rate is 10pp higher than Slovakia's (35% vs 25%). The 200-country average is 28%: Mexico sits above it, Slovakia sits below it.

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

0102030405060Income25%35%Corporate24%30%VAT16%23%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax MX SKDifference
Income Tax35%25%MX +10 pplargest gap
Corporate Tax30%24%MX +6 pp
VAT16%23%SK +7 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
Slovakia25%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+10 ppMexico higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Mexico30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Slovakia24%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+6 ppMexico higher

Mexico's corporate tax rate is 6pp higher than Slovakia's (30% vs 24%). 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
Slovakia23%Source: Finančná správa Slovenskej republiky — Sadzby dane (VAT rates) · as of 2025-01-01
Difference−7 ppSlovakia higher

Slovakia's VAT rate is 7pp higher than Mexico's (23% vs 16%). The 181-country average is 15%: both sit above it. Mexico's figure is dated 2026-02-24 and Slovakia's 2025-01-01, 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
Slovakia0%Source: PWC Worldwide Tax Summaries — Slovak Republic (Individual, Income determination) · as of 2026-01-20
Difference+10 ppMexico higher

Mexico's capital gains tax rate is 10pp higher than Slovakia's (10% vs 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
Slovakia0%Source: PWC Worldwide Tax Summaries — Slovak Republic (Individual, Other taxes) · as of 2026-01-20
Difference0 ppdisplayed rates match

Mexico's wealth tax rate is identical to Slovakia's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.