Mexico vs Switzerland
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 Switzerland β Cantonal & Communal Taxes
Switzerland's 26 cantons and ~2,200 communes independently set income and corporate tax rates. Zug (~12% combined top) and Nidwalden are among the lowest globally; Geneva and Vaud reach ~45% combined. Wealth tax is levied by cantons. Pillar Two supplementary tax is active for large MNCs. Inheritance and gift taxes are cantonal.
Mexico vs Switzerland: Key Tax Differences (2026)
π° Income Tax: π²π½ Mexico has a higher top income tax rate (1.92β35% vs 0β11.5%). π¨π Switzerland is more favourable for high earners.
π VAT/Sales Tax: Mexico has a higher consumption tax (0β16% vs 2.6β8.1%).
π’ Corporate Tax: π¨π Switzerland offers a lower corporate rate (26% vs 30%), which can influence business location decisions.
π Capital Gains: π¨π Switzerland taxes investment gains at a lower rate (0% vs 35%), benefiting investors.