Personal Tax in Mexico
- Tax Base For Residents and Non-Residents
- Residents must pay taxes for their worldwide income, non-residents must pay only for income earned from Mexican sources.
|Rate imposed on an individual's income||Vary from 3% to 28% according to the monthly tax bracket.|
|from MXN 0 to 496||3%|
|from MXN 497 to 4,120||10%|
|from MXN 4,121 to 7,399||17%|
|from MXN 7,400 to 8,601||25%|
|8,602 and more||28%|
- Allowable Deductions and Tax Credit
- There are several types of deductions attributed to taxpayers in Mexico. You can find out the nature of all the deductions by contacting Mexican Federal Tax Administration.
- Special Expatriate Tax Regime
- If a foreigner resides in Mexico for business purposes for more than 183 days per year, he can obtain a special tax rate, however there are no special deductions for expatriates.
- Capital Tax Rate
- There are no taxes on capital.
Any Comments About This Content? Report It to Us.
No content has been posted to this folder yet.
Be the first to feature your expertise related to Personal Tax in Mexico!
- Post any content you may have that features your expertise, such as a text article with business tips, presentation, market report, etc
- By sharing your knowledge you gain more visibility for your profile not only on GlobalTrade.net but across the web
Post your content now by simply clicking on the button below.
Check these folders already populated with content posted by other users:
Click here to find out more about key benefits and instructions for contributing to the site.
Post any content you may have that features your expertise and offers valuable information to the international trade community.
The more informative content you post the more visible your will be, as your valuable content will link directly to your profile.
Check these sample pages for illustration: