Mexico vs Taiwan
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.
πΉπΌ Taiwan β Municipal & County Tax Levies
Taiwan's 6 special municipalities (including Taipei, New Taipei, Kaohsiung), 3 cities, and 13 counties each levy local taxes including land value tax (1%β5.5% of announced land value), house tax (1.5%β3.6% on residential; 3%β5% commercial), and vehicle license tax. Land Value Increment Tax (LVIT) on land price gains is a major revenue source. The National Taxation Bureau administers national income and business taxes.
Mexico vs Taiwan: Key Tax Differences (2026)
π° Income Tax: πΉπΌ Taiwan has a higher top income tax rate (1.92β35% vs 5β40%). π²π½ Mexico is more favourable for high earners.
π VAT/Sales Tax: Mexico has a higher consumption tax (0β16% vs 5%).
π’ Corporate Tax: πΉπΌ Taiwan offers a lower corporate rate (20% vs 30%), which can influence business location decisions.
π Capital Gains: πΉπΌ Taiwan taxes investment gains at a lower rate (0% vs 35%), benefiting investors.