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Mexico vs Azerbaijan
Tax Rate Comparison

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

🇲🇽 Mexico
vs
🇦🇿 Azerbaijan
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
14–25%
Stable; post-war reconstruction boosting economy
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
0–16%
Standard 16% maintained
No change
18%
18% maintained
No change

Corporate Tax Rate

Corporate Tax Rate
30%
30% maintained; Pillar Two discussions
No change
20%
20%; Karabakh reconstruction zone incentives
No change

Capital Gains Tax

Capital Gains Tax
35%
No change
No change
20%
20% via income
No change

Social Security & Payroll

Social Security / Payroll
~35%
Nearshoring investment affecting payroll dynamics
No change
~25%
DSMF structure stable; pension adequacy reform
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.

🇦🇿 AzerbaijanMunicipal & Local Taxes

Azerbaijan's 67 districts and Baku have limited independent tax powers. The Ministry of Taxes administers all national taxes centrally. Municipalities collect land and property taxes within national frameworks. Oil and gas companies operate under Production Sharing Agreements (PSAs) with the state oil company SOCAR, which have special tax provisions. ASAN (service centres) have modernized tax filing considerably. The Strategic Road Map (2016) targets economic diversification away from oil revenue dependency.

⚠️ 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 Azerbaijan: Key Tax Differences (2026)

💰 Income Tax: 🇲🇽 Mexico has a higher top income tax rate (1.92–35% vs 14–25%). 🇦🇿 Azerbaijan is more favourable for high earners.

🛒 VAT/Sales Tax: Azerbaijan has a higher consumption tax (0–16% vs 18%).

🏢 Corporate Tax: 🇦🇿 Azerbaijan offers a lower corporate rate (20% vs 30%), which can influence business location decisions.

📈 Capital Gains: 🇦🇿 Azerbaijan taxes investment gains at a lower rate (20% vs 35%), benefiting investors.

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