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Sweden vs Mexico
Tax Rate Comparison

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

🇸🇪 Sweden
vs
🇲🇽 Mexico
Tax Year:

💰 Personal Income Tax Calculator

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

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
32–52%
Threshold adjustments; municipal variation continues
No change
1.92–35%
Rates stable; fiscal consolidation needed
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
6–25%
Standard 25% maintained
No change
0–16%
Standard 16% maintained
No change

Corporate Tax Rate

Corporate Tax Rate
20.6%
Pillar Two compliance for MNCs
No change
30%
30% maintained; Pillar Two discussions
No change

Capital Gains Tax

Capital Gains Tax
30%
Capital income tax rate unchanged
No change
35%
No change
No change

Social Security & Payroll

Social Security / Payroll
31.42%
Employer social contributions unchanged
No change
~35%
Nearshoring investment affecting payroll dynamics
No change
State, Regional & Local Taxes

🇸🇪 SwedenMunicipal Income Tax

Sweden's 290 municipalities and 21 regions each set their own income tax, ranging from ~29% to 35% (avg ~32%). The state income tax of 20% only applies above ~SEK 598,500. Church of Sweden members pay ~1% church fee. No local corporate tax variation.

🇲🇽 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.

Sweden vs Mexico: Key Tax Differences (2026)

💰 Income Tax: 🇸🇪 Sweden has a higher top income tax rate (32–52% vs 1.92–35%). 🇲🇽 Mexico is more favourable for high earners.

🛒 VAT/Sales Tax: Sweden has a higher consumption tax (6–25% vs 0–16%).

🏢 Corporate Tax: 🇸🇪 Sweden offers a lower corporate rate (20.6% vs 30%), which can influence business location decisions.

📈 Capital Gains: 🇸🇪 Sweden taxes investment gains at a lower rate (30% vs 35%), benefiting investors.

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