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San Marino vs Mexico
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇸🇲 San Marino
vs
🇲🇽 Mexico
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
9–35%
35% top; EU association reforms ongoing
No change
1.92–35%
Rates stable; fiscal consolidation needed
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
17%
17% maintained
No change
0–16%
Standard 16% maintained
No change

Corporate Tax Rate

Corporate Tax Rate
17%
17% IRES; Pillar Two compliance
No change
30%
30% maintained; Pillar Two discussions
No change

Capital Gains Tax

Capital Gains Tax
0–17%
CGT structure maintained
No change
35%
No change
No change

Social Security & Payroll

Social Security / Payroll
~30%
ISS reform; pension sustainability
No change
~35%
Nearshoring investment affecting payroll dynamics
No change
State, Regional & Local Taxes

🇸🇲 San MarinoMunicipal Taxes (Castelli)

San Marino's 9 castelli (municipalities) levy local property tax supplements and communal fees. San Marino is an enclave within Italy using the euro but maintaining fiscal sovereignty under a Convention with the EU. The income tax (IRPEF) uses a progressive scale. San Marino aims to be a competitive financial jurisdiction while maintaining EU market access — with corporate tax notably lower than neighbouring Italy.

🇲🇽 MexicoState & 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.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

San Marino vs Mexico: Key Tax Differences (2026)

💰 Income Tax: San Marino and Mexico have similar top income tax rates (9–35% vs 1.92–35%).

🛒 VAT/Sales Tax: San Marino has a higher consumption tax (17% vs 0–16%).

🏢 Corporate Tax: 🇸🇲 San Marino offers a lower corporate rate (17% vs 30%), which can influence business location decisions.

📈 Capital Gains: 🇸🇲 San Marino taxes investment gains at a lower rate (17% vs 35%), benefiting investors.

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All 🇸🇲 San Marino comparisons →All 🇲🇽 Mexico comparisons →