Turkey vs Mexico
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
🇹🇷 Turkey — Municipal & Special Provincial Taxes
Turkey's 81 provinces and 1,389 municipalities levy Real Estate Tax (Emlak Vergisi) at 0.1%–0.6% of assessed value (doubled in metro areas). Municipalities levy Environmental Cleansing Tax (çevre temizlik vergisi) and Advertisement Tax. The Communication Tax and BSMV (banking and insurance transactions tax) are national. Municipalities receive shares of central tax revenues. High inflation has significantly eroded real tax burden but required frequent bracket adjustments.
🇲🇽 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.
Turkey vs Mexico: Key Tax Differences (2026)
💰 Income Tax: 🇹🇷 Turkey has a higher top income tax rate (15–40% vs 1.92–35%). 🇲🇽 Mexico is more favourable for high earners.
🛒 VAT/Sales Tax: Turkey has a higher consumption tax (1–20% vs 0–16%).
🏢 Corporate Tax: 🇹🇷 Turkey offers a lower corporate rate (25% vs 30%), which can influence business location decisions.
📈 Capital Gains: 🇲🇽 Mexico taxes investment gains at a lower rate (35% vs 40%), benefiting investors.