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Mexico vs Australia
Tax Rate Comparison

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

🇲🇽 Mexico
vs
🇦🇺 Australia
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
1.92–35%
Rates stable; fiscal consolidation needed
No change
0–45%
+ 2% Medicare; thresholds indexed to CPI
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
0–16%
Standard 16% maintained
No change
10%
No change planned
No change

Corporate Tax Rate

Corporate Tax Rate
30%
30% maintained; Pillar Two discussions
No change
25–30%
Stable; Pillar Two active for large MNCs
No change

Capital Gains Tax

Capital Gains Tax
35%
No change
No change
0–22.5%
50% discount maintained
No change

Social Security & Payroll

Social Security / Payroll
~35%
Nearshoring investment affecting payroll dynamics
No change
12%
12% super guarantee; target rate reached
No change
State, Regional & Local Taxes

🇲🇽 MexicoState & Municipal Taxes

Mexico's 31 states and Mexico City each have their own regimes. States charge local payroll tax (Impuesto Sobre Nómina) 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.

🇦🇺 AustraliaState & Territory Taxes

Australia's 6 states and 2 territories levy payroll tax (4.75%–6.85%), stamp duty on property, and land tax on investment properties. There is no state income tax — income tax is federal only. The Stage 3 tax cuts (effective July 2024) restructured brackets significantly. The ACT is progressively replacing stamp duty with broad-based land value tax. Councils levy rates on property owners.

⚠️ 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.

Mexico vs Australia: Key Tax Differences (2026)

💰 Income Tax: 🇦🇺 Australia has a higher top income tax rate (1.92–35% vs 0–45%). 🇲🇽 Mexico is more favourable for high earners.

🛒 VAT/Sales Tax: Mexico has a higher consumption tax (0–16% vs 10%).

🏢 Corporate Tax: Corporate rates are similar in both countries (30% vs 25–30%).

📈 Capital Gains: 🇦🇺 Australia taxes investment gains at a lower rate (22.5% vs 35%), benefiting investors.

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