Mexico vs Denmark
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.
🇩🇰 Denmark — Municipal Income Tax
Denmark's 98 municipalities set local income tax (kommuneskat) at ~22.8%–27.8%. The national state tax adds 15% (top bracket). Combined rates including AM contribution (8% of gross) make Denmark one of the world's highest-tax nations at ~55–56% effective top. Church tax (~0.7%) applies to members. Property value tax is nationally set.
Mexico vs Denmark: Key Tax Differences (2026)
💰 Income Tax: 🇩🇰 Denmark has a higher top income tax rate (1.92–35% vs ~55.9%). 🇲🇽 Mexico is more favourable for high earners.
🛒 VAT/Sales Tax: Denmark has a higher consumption tax (0–16% vs 25%).
🏢 Corporate Tax: 🇩🇰 Denmark offers a lower corporate rate (22% vs 30%), which can influence business location decisions.
📈 Capital Gains: 🇲🇽 Mexico taxes investment gains at a lower rate (35% vs 42%), benefiting investors.