WorldTax Compare← All Comparisons

Malawi vs Mexico
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

πŸ‡²πŸ‡Ό Malawi
vs
πŸ‡²πŸ‡½ Mexico
Tax Year:

πŸ’° Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country β€” side by side.

Enter your annual income above to see your personal tax comparison β†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0–35%
35% top; IMF program conditions
No change
1.92–35%
Rates stable; fiscal consolidation needed
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
16.5%
16.5% VAT maintained
No change
0–16%
Standard 16% maintained
No change
Corporate Tax Rate
Corporate Tax Rate
30%
30%; mining sector developing
No change
30%
30% maintained; Pillar Two discussions
No change
Capital Gains Tax
Capital Gains Tax
30%
30% CGT maintained
No change
35%
No change
No change
Social Security & Payroll
Social Security / Payroll
~10%
MASM; pension coverage expanding
No change
~35%
Nearshoring investment affecting payroll dynamics
No change
State, Regional & Local Taxes

πŸ‡²πŸ‡Ό Malawi β€” District & City Councils

Malawi's 28 district councils and city/town assemblies levy property rates, trading licences, and local service charges. The Malawi Revenue Authority (MRA) administers national taxes. Malawi is landlocked and one of the world's poorest countries β€” highly dependent on tobacco exports (declining due to health campaigns), tea, and sugar, plus significant international aid. An IMF Extended Credit Facility has been supporting fiscal consolidation. The kwacha has experienced significant depreciation, complicating tax bracket real values over time.

πŸ‡²πŸ‡½ Mexico β€” State & Municipal Taxes

Mexico's 31 states and Mexico City each have their own regimes. States charge local payroll tax (Impuesto Sobre NΓ³mina) at 1%–4% (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.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Malawi vs Mexico: Key Tax Differences (2026)

πŸ’° Income Tax: Malawi and Mexico have similar top income tax rates (0–35% vs 1.92–35%).

πŸ›’ VAT/Sales Tax: Both countries have comparable consumption tax rates (16.5% vs 0–16%).

🏒 Corporate Tax: Corporate rates are similar in both countries (30% vs 30%).

πŸ“ˆ Capital Gains: πŸ‡²πŸ‡Ό Malawi taxes investment gains at a lower rate (30% vs 35%), benefiting investors.

Related Comparisons

πŸ‡¦πŸ‡· Argentina vs πŸ‡²πŸ‡½ MexicoTax comparisonπŸ‡§πŸ‡΄ Bolivia vs πŸ‡²πŸ‡½ MexicoTax comparisonπŸ‡§πŸ‡· Brazil vs πŸ‡²πŸ‡½ MexicoTax comparisonπŸ‡¨πŸ‡¦ Canada vs πŸ‡²πŸ‡½ MexicoTax comparisonπŸ‡¨πŸ‡± Chile vs πŸ‡²πŸ‡½ MexicoTax comparisonπŸ‡¨πŸ‡΄ Colombia vs πŸ‡²πŸ‡½ MexicoTax comparisonπŸ‡ͺπŸ‡¨ Ecuador vs πŸ‡²πŸ‡½ MexicoTax comparisonπŸ‡²πŸ‡½ Mexico vs πŸ‡΅πŸ‡Ύ ParaguayTax comparisonπŸ‡²πŸ‡½ Mexico vs πŸ‡΅πŸ‡ͺ PeruTax comparisonπŸ‡²πŸ‡½ Mexico vs πŸ‡ΊπŸ‡Έ United StatesTax comparisonπŸ‡²πŸ‡½ Mexico vs πŸ‡ΊπŸ‡Ύ UruguayTax comparisonπŸ‡¨πŸ‡³ China vs πŸ‡²πŸ‡½ MexicoTax comparison