MX · AmericasUA · Europe
Mexico vs Ukraine: tax rates compared
Between the two, Mexico's income tax rate (35%) tops Ukraine's (18%) by 17pp. The 200-country average is 28%: Mexico sits above it, Ukraine sits below it. Mexico's figure is dated 2025-01-01 and Ukraine's 2026-06-30, 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
| Tax | MX | UA | Difference |
|---|---|---|---|
| Income Tax | 35% | 18% | MX +17 pplargest gap |
| Corporate Tax | 30% | 18% | MX +12 pp |
| VAT | 16% | 20% | UA +4 pp |
| Capital Gains Tax | 10% | 18% | UA +8 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Mexico | 35% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Ukraine | 18% | Source: PWC Worldwide Tax Summaries — Ukraine (Individual, Taxes on personal income) · as of 2026-06-30 |
| Difference | +17 pp | Mexico higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Mexico | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Ukraine | 18% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +12 pp | Mexico higher |
Between the two, Mexico's corporate tax rate (30%) tops Ukraine's (18%) by 12pp. The 201-country average is 22.6%: Mexico sits above it, Ukraine sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Mexico | 16% | Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24 |
| Ukraine | 20% | Source: PWC Worldwide Tax Summaries — Ukraine (Corporate, Other taxes) · as of 2026-06-30 |
| Difference | −4 pp | Ukraine higher |
Between the two, Ukraine's VAT rate (20%) tops Mexico's (16%) by 4pp. The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Mexico | 10% | Source: PwC Worldwide Tax Summaries — Mexico (Individual, Income determination) · as of 2026-01-30 |
| Ukraine | 18% | Source: PWC Worldwide Tax Summaries — Capital gains tax (CGT) rates (quick chart, Ukraine individual row) · as of 2026-06-30 |
| Difference | −8 pp | Ukraine higher |
Between the two, Ukraine's capital gains tax rate (18%) tops Mexico's (10%) by 8pp. The 175-country average is 10.3%: Mexico sits below it, Ukraine sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Mexico | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-24 |
| Ukraine | 0% | Source: PWC Worldwide Tax Summaries — Ukraine (Individual, Other taxes) · as of 2026-06-30 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Mexico and Ukraine 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.