Denmark vs Mexico
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฉ๐ฐ Denmark โ Municipal Income Tax
Denmark's 98 municipalities set local income tax (kommuneskat) at ~22.8%โ27.8%. The national state tax adds 15% (top bracket). Combined rates including AM contribution (8% of gross) make Denmark one of the world's highest-tax nations at ~55โ56% effective top. Church tax (~0.7%) applies to members. Property value tax is nationally set.
๐ฒ๐ฝ Mexico โ State & Municipal Taxes
Mexico's 31 states and Mexico City each have their own regimes. States charge local payroll tax (Impuesto Sobre Nรณmina) at 1%โ4% (employer-paid). Municipal property tax (predial) rates vary significantly. Some states have lodging and entertainment levies. The Maquila sector benefits from special IMMEX programs. Nearshoring boom is driving new investment.
Denmark vs Mexico: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฉ๐ฐ Denmark has a higher top income tax rate (~55.9% vs 1.92โ35%). ๐ฒ๐ฝ Mexico is more favourable for high earners.
๐ VAT/Sales Tax: Denmark has a higher consumption tax (25% vs 0โ16%).
๐ข Corporate Tax: ๐ฉ๐ฐ Denmark offers a lower corporate rate (22% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐ฒ๐ฝ Mexico taxes investment gains at a lower rate (35% vs 42%), benefiting investors.