MX · AmericasCH · Europe

Mexico vs Switzerland: tax rates compared

Switzerland has an income tax rate of 41.4%, 6.4pp above Mexico's 35%. The 200-country average is 28%: both sit above 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

0102030405060Income35%41.4%Corporate19.6%30%VAT8.1%16%Capital Gains0%10%Wealth Tax0%0.9%
five shared taxes, side by side
Tax MX CHDifference
Income Tax35%41.4%CH +6.4 pp
Corporate Tax30%19.6%MX +10.4 pplargest gap
VAT16%8.1%MX +7.9 pp
Capital Gains Tax10%0%MX +10 pp
Wealth Tax0%0.9%CH +0.9 pp

Income Tax

Income Tax, side by side
CountryRateSource
Mexico35%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Switzerland41.4%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−6.4 ppSwitzerland higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Mexico30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Switzerland19.6%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10.4 ppMexico higher

Mexico has a corporate tax rate of 30%, 10.4pp above Switzerland's 19.6%. The 201-country average is 22.6%: Mexico sits above it, Switzerland sits below it.

VAT

VAT, side by side
CountryRateSource
Mexico16%Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24
Switzerland8.1%Source: PWC Worldwide Tax Summaries — Switzerland (Corporate, Other taxes) · as of 2026-07-01
Difference+7.9 ppMexico higher

Mexico has a VAT rate of 16%, 7.9pp above Switzerland's 8.1%. The 181-country average is 15%: Mexico sits above it, Switzerland 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
Switzerland0%Source: PWC Worldwide Tax Summaries — Switzerland (Individual, Income determination) · as of 2026-07-01
Difference+10 ppMexico higher

Mexico has a capital gains tax rate of 10%, 10pp above Switzerland'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
Switzerland0.9%Source: République et Canton de Genève, Administration fiscale cantonale — Barèmes 2025 pour les impôts sur le revenu et la fortune · as of 2025-01-01
Difference−0.9 ppSwitzerland higher

Switzerland has a wealth tax rate of 0.9%, 0.9pp above Mexico's 0%. The 193-country average is 0.1%: Mexico sits below it, Switzerland sits above it. Mexico's figure is dated 2026-02-24 and Switzerland's 2025-01-01, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.