MX · AmericasVE · Americas
Mexico vs Venezuela: tax rates compared
Mexico has an income tax rate of 35%, 1pp above Venezuela's 34%. The 200-country average is 28%: both sit above it. Mexico's figure is dated 2025-01-01 and Venezuela'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
| Tax | MX | VE | Difference |
|---|---|---|---|
| Income Tax | 35% | 34% | MX +1 pp |
| Corporate Tax | 30% | 34% | VE +4 pp |
| VAT | 16% | 16% | match |
| Capital Gains Tax | 10% | 1% | MX +9 pplargest gap |
| Wealth Tax | 0% | 0.3% | VE +0.3 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Mexico | 35% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Venezuela | 34% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Taxes on personal income) · as of 2026-01-12 |
| Difference | +1 pp | Mexico higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Mexico | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Venezuela | 34% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −4 pp | Venezuela higher |
Venezuela has a corporate tax rate of 34%, 4pp above Mexico's 30%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Mexico | 16% | Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24 |
| Venezuela | 16% | Source: PWC Worldwide Tax Summaries — Venezuela (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | 0 pp | displayed rates match |
Mexico and Venezuela share the same VAT rate: 16%. 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 |
| Venezuela | 1% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Income determination) · as of 2026-01-12 |
| Difference | +9 pp | Mexico higher |
Mexico has a capital gains tax rate of 10%, 9pp above Venezuela's 1%. The 175-country average is 10.3%: both sit below 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 |
| Venezuela | 0.3% | Source: PWC Worldwide Tax Summaries — Venezuela (Individual, Other taxes) · as of 2026-01-12 |
| Difference | −0.3 pp | Venezuela higher |
Venezuela has a wealth tax rate of 0.3%, 0.3pp above Mexico's 0%. The 193-country average is 0.1%: Mexico sits below it, Venezuela sits above it.
Not covered for both countries yet: Crypto Tax.