MX · AmericasTG · Africa

Mexico vs Togo: tax rates compared

There's no gap here — Mexico and Togo both post an income tax rate of 35%. The 200-country average is 28%: both sit above it.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income35%Corporate27%30%VAT16%18%Wealth Tax0%
four shared taxes, side by side
Tax MX TGDifference
Income Tax35%35%match
Corporate Tax30%27%MX +3 pplargest gap
VAT16%18%TG +2 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
Togo35%Source: Office Togolais des Recettes — Code Général des Impôts et Livre des Procédures Fiscales (mis à jour 2025), Art. 74 · as of 2025-04-23
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Mexico30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Togo27%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+3 ppMexico higher

Between the two, Mexico's corporate tax rate (30%) tops Togo's (27%) by 3pp. 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
Togo18%Source: Office Togolais des Recettes (OTR) — La Taxe sur la Valeur Ajoutée (TVA) · as of 2020-01-01
Difference−2 ppTogo higher

Between the two, Togo's VAT rate (18%) tops Mexico's (16%) by 2pp. The 181-country average is 15%: both sit above it. Mexico's figure is dated 2026-02-24 and Togo's 2020-01-01, so the two rates come from different data vintages.

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
Togo0%Source: Investir au Togo (Togo government investment promotion portal) — Fiscalité · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Mexico and Togo 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: Capital Gains Tax, Crypto Tax.