Mexico's income tax (ISR) uses 11 progressive brackets from 1.92% to 35%, with the top rate at MXN 3,898,140+ (~$195,000 USD). Residents—anyone present 183+ days—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 and AFORE pension add ~4.1% for employees. 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$7,735 | 1.92% |
| MX$7,735 - MX$65,651 | 6.4% |
| MX$65,651 - MX$115,376 | 10.88% |
| MX$115,376 - MX$134,120 | 16% |
| MX$134,120 - MX$160,578 | 17.92% |
| MX$160,578 - MX$323,862 | 21.36% |
| MX$323,862 - MX$510,451 | 23.52% |
| MX$510,451 - MX$974,535 | 30% |
| MX$974,535 - MX$1,299,380 | 32% |
| MX$1,299,380 - MX$3,898,140 | 34% |
| Over MX$3,898,140 | 35% |
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