Mexico vs Bolivia
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π²π½ 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%β4% (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.
π§π΄ Bolivia β Departmental & Municipal Taxes
Bolivia's 9 departments and 339 municipalities have their own tax powers. Municipalities levy the Impuesto a la Propiedad de Bienes Inmuebles (IPBI) on real property and the Impuesto Municipal a las Transferencias (IMT) on property transfers. Departmental governments receive shares of natural resource royalties. The National Tax Service (SIN) administers national taxes. Bolivia has a unique tax system where there is no personal income tax in the traditional sense β instead, the RC-IVA (complementary VAT) effectively taxes income.
Mexico vs Bolivia: Key Tax Differences (2026)
π° Income Tax: π²π½ Mexico has a higher top income tax rate (1.92β35% vs 13%). π§π΄ Bolivia is more favourable for high earners.
π VAT/Sales Tax: Mexico has a higher consumption tax (0β16% vs 13%).
π’ Corporate Tax: π§π΄ Bolivia offers a lower corporate rate (25% vs 30%), which can influence business location decisions.
π Capital Gains: π§π΄ Bolivia taxes investment gains at a lower rate (25% vs 35%), benefiting investors.