Mexico's income tax (ISR) uses 11 progressive brackets from 1.92% to 35%, with the top rate at MXN 5,107,704+ (~$255,000 USD). Residents—anyone whose home or center of vital interests is in Mexico—face worldwide taxation, while non-residents pay 15-30% on Mexican-source income only (first MXN 125,900 exempt). The complexity hits expats: Mexico's tourist visa prohibits remote work, yet meeting residency requirements triggers full tax obligations. IMSS social security contributions (including the AFORE retirement share) add about 2.8% of salary for employees, capped. Filing deadline is April 30, with late penalties from MXN 1,800 to MXN 35,000. The upside? No federal inheritance, estate, gift, or wealth tax—making Mexico attractive for long-term asset planning.
This hub links to every Mexico tax guide and calculator on CountryTaxCalc — covering income tax rates, expat obligations, and tools to calculate your take-home pay.
Detailed Mexico tax guides on CountryTaxCalc:
Mexico's income tax uses 11 tax brackets from 1.92% to 35%. Use the calculator to estimate your take-home pay after income tax:
| Income | Rate |
|---|---|
| MX$0 - MX$10,135 | 1.92% |
| MX$10,135 - MX$86,022 | 6.4% |
| MX$86,022 - MX$151,176 | 10.88% |
| MX$151,176 - MX$175,736 | 16% |
| MX$175,736 - MX$210,404 | 17.92% |
| MX$210,404 - MX$424,354 | 21.36% |
| MX$424,354 - MX$668,840 | 23.52% |
| MX$668,840 - MX$1,276,926 | 30% |
| MX$1,276,926 - MX$1,702,568 | 32% |
| MX$1,702,568 - MX$5,107,704 | 34% |
| Over MX$5,107,704 | 35% |
Mexico tax connects with these hubs on CountryTaxCalc:
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