Mexico vs Guyana
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.
🇬🇾 Guyana — Regional & Municipal Taxes
Guyana's 10 administrative regions and municipalities levy property rates, market fees, and trade licences. Guyana has experienced a dramatic economic transformation since major offshore oil discoveries (Stabroek Block) began production in 2019. GDP growth rates have been among the world's highest (60%+ in 2022). The Natural Resource Fund manages oil revenues for long-term savings. A long-running border dispute with Venezuela over Essequibo affects regional stability but has not stopped oil development.
Mexico vs Guyana: Key Tax Differences (2026)
💰 Income Tax: 🇬🇾 Guyana has a higher top income tax rate (1.92–35% vs 28–40%). 🇲🇽 Mexico is more favourable for high earners.
🛒 VAT/Sales Tax: Mexico has a higher consumption tax (0–16% vs 14%).
🏢 Corporate Tax: 🇲🇽 Mexico offers a lower corporate rate (30% vs 40%), which can influence business location decisions.
📈 Capital Gains: 🇬🇾 Guyana taxes investment gains at a lower rate (20% vs 35%), benefiting investors.