Mexico Personal Income Tax Rate 2023 | Take-profit.org (2024)

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Tax Rate For Individuals in Mexico

Indicator Data Period
Personal Income Tax Rate 35 % 2023
  • Personal Income Tax Rate

Latest data on Personal Income Tax Rate (%)

  • Chart
  • Historical Chart

Mexico Personal Income Tax Rate 2023 | Take-profit.org (1)

What is personal tax rate in Mexico?

  • Personal Income Tax Rate in Mexico remained unchanged at 35 % in 2023. The maximum rate was 35 % and minimum was 28 %.
  • Data published Yearly by Tax Administration Service.

Historical Data (%) by years

Data

Period

Date

35 2023 10.04.2023
35 2022 24.10.2022
35 2021 02.06.2021
35 2020 11.02.2020
35 2018 12.02.2018
35 2016 11.08.2017
35 2015 31.12.2015
30 2014 31.12.2014

Historical Chart by presidents (%)

  • Enrique Peña
  • Felipe Calderón
  • Vicente Fox

Mexico Personal Income Tax Rate 2023 | Take-profit.org (2)

Mexico Personal Income Tax Rate 2023 | Take-profit.org (3)

Mexico Personal Income Tax Rate 2023 | Take-profit.org (4)

Personal Income Tax Rate in Mexico by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Enrique Peña 01.12.2012 - 01.12.2018 30.0000 35.0000 35.0000 30.0000 16.67%
Felipe Calderón 01.12.2006 - 01.12.2012 29.0000 30.0000 30.0000 28.0000 3.45%
Vicente Fox 01.12.2000 - 01.12.2006 33.0000 30.0000 33.0000 30.0000 -9.09%

Other taxes in Mexico

Index Updated Actual Previous
Corporate Tax Rate 2023 30 % 30
Sales Tax Rate 2023 16 % 16
Social Security Rate 2022 9.23 % 9.23

Personal Income Tax Rate in other countries

Country Updated Actual Previous
Colombia 2023 39 % 39
Panama 2023 25 % 25
Puerto Rico 2023 33 % 33
Honduras 2023 25 % 25
Brazil 2023 27.5 % 27.5
Chile 2023 40 % 40
Argentina 2023 35 % 35
Canada 2022 33 % 33
Ecuador 2022 37 % 35
Mexico 2023 35 % 35
Peru 2023 30 % 30
United States 2023 37 % 37
Uruguay 2023 36 % 36
Jamaica 2023 30 % 30
Suriname 2023 38 % 38
Venezuela 2023 34 % 34
Cameroon 2023 38.5 % 38.5
Dominican Republic 2023 25 % 25
Nicaragua 2023 30 % 30

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Mexico Personal Income Tax Rate 2023 | Take-profit.org (2024)
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