Mexico vs Bhutan
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇲🇽 Mexico — State & 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.
🇧🇹 Bhutan — Dzongkhag & Thromde Taxes
Bhutan's 20 dzongkhags (districts) and thromdes (municipalities) levy local land tax, cattle tax, and local fees. Bhutan is a constitutional monarchy pursuing Gross National Happiness over GDP. Corporate and business income taxes are primary revenue sources; personal income tax is minimal for most citizens given the country's structure. Bhutan has major hydropower export revenues from India and has become notable for state-enterprise cryptocurrency mining. The country is transitioning toward more market-oriented development with LDC graduation aspirations.
Mexico vs Bhutan: Key Tax Differences (2026)
💰 Income Tax: 🇲🇽 Mexico has a higher top income tax rate (1.92–35% vs 0–25%). 🇧🇹 Bhutan is more favourable for high earners.
🛒 VAT/Sales Tax: Mexico has a higher consumption tax (0–16% vs 0%).
🏢 Corporate Tax: Corporate rates are similar in both countries (30% vs 30%).
📈 Capital Gains: 🇧🇹 Bhutan taxes investment gains at a lower rate (0% vs 35%), benefiting investors.