Mexico vs Uruguay
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.
🇺🇾 Uruguay — Departmental & Municipal Taxes
Uruguay's 19 departments (like Montevideo, Maldonado) each have their own departmental government (Intendencia) that levies property taxes (Contribución Inmobiliaria) at rates set per department, vehicle patents (Patente de Rodados), and commercial licence fees. Montevideo has higher rates than interior departments. National income tax (IRPF) and corporate tax are nationally administered by the DGI (Dirección General Impositiva). Uruguay's territorial income tax system (prior to 2007 reform) was replaced with a worldwide system.
Mexico vs Uruguay: Key Tax Differences (2026)
💰 Income Tax: 🇺🇾 Uruguay has a higher top income tax rate (1.92–35% vs 0–36%). 🇲🇽 Mexico is more favourable for high earners.
🛒 VAT/Sales Tax: Uruguay has a higher consumption tax (0–16% vs 10–22%).
🏢 Corporate Tax: 🇺🇾 Uruguay offers a lower corporate rate (25% vs 30%), which can influence business location decisions.
📈 Capital Gains: 🇺🇾 Uruguay taxes investment gains at a lower rate (12% vs 35%), benefiting investors.