MX · AmericasTW · Asia

Mexico vs Taiwan: tax rates compared

Taiwan's income tax rate is 5pp higher than Mexico's (40% vs 35%). The 200-country average is 28%: both sit above it. Mexico's figure is dated 2025-01-01 and Taiwan's 2026-01-12, 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

0102030405060Income35%40%Corporate20%30%VAT5%16%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax MX TWDifference
Income Tax35%40%TW +5 pp
Corporate Tax30%20%MX +10 pp
VAT16%5%MX +11 pplargest gap
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
Taiwan40%Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Taxes on personal income) · as of 2026-01-12
Difference−5 ppTaiwan higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Mexico30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Taiwan20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10 ppMexico higher

Mexico's corporate tax rate is 10pp higher than Taiwan's (30% vs 20%). The 201-country average is 22.6%: Mexico sits above it, Taiwan sits below it.

VAT

VAT, side by side
CountryRateSource
Mexico16%Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24
Taiwan5%Source: PWC Worldwide Tax Summaries — Taiwan (Corporate, Other taxes) · as of 2026-01-12
Difference+11 ppMexico higher

Mexico's VAT rate is 11pp higher than Taiwan's (16% vs 5%). The 181-country average is 15%: Mexico sits above it, Taiwan 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
Taiwan0%Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Income determination / Capital gains tax rates quick chart) · as of 2026-01-12
Difference+10 ppMexico higher

Mexico's capital gains tax rate is 10pp higher than Taiwan'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
Taiwan0%Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Other taxes) · as of 2026-01-12
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.