Mexico Tax Calculator
Calculate your Mexico taxes and NET income quickly and accurately.
Last Updated: May 22, 2025
Compare Personal Tax Burden Across Countries
Live tax calculations for equivalent purchasing power of your income (50,000 MXN ≈ $2,612.33 USD) across different countries. Countries are sorted by net income in USD (highest to lowest).
Currently viewing: Mexico (Standard regime) vs other countries (Standard regimes)
💱 All incomes converted to local currency equivalents • Exchange rates updated daily
| Country | Total Tax & Contributions | Net Income | Effective Rate | Calculate Taxes |
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Live calculation: Updates automatically as you change your income amounts above.
Tax regime comparison: Current country uses your selected regime (Standard), while other countries use their standard regimes for fair baseline comparison.
Currency conversion: Your income is converted to equivalent purchasing power in each country's local currency before tax calculations.
Sorting: Countries ranked by net income in USD (highest to lowest) for fair comparison across currencies.
Limitations: Special tax regimes, personal allowances, and individual circumstances may significantly affect actual tax liability.
US & Canada: Displayed with links to their individual calculators due to complex federal + state/provincial tax systems that require specialized calculations.
Sources & Citations
- PwC Tax Summary – Mexico: Taxes on Personal Income
Comprehensive overview of Mexico's personal income tax rates, including progressive bands for residents and tax obligations for non-residents.
- J.A. Del Río – Simplified Trust Regime (RESICO): General Overview
Explains the RESICO regime for individuals and corporations, highlighting eligibility criteria, tax rates, and administrative benefits.
- El País – Declaración anual 2025: los contribuyentes del Resico que no están obligados a presentarla
Details on the 2025 tax obligations for RESICO taxpayers, including exemptions from annual tax returns under certain conditions.
- EY México – Miscellaneous Tax Resolution for 2025
Outlines updates to the RESICO regime and other tax provisions effective in 2025, including compliance requirements and administrative changes.
- Tax Foundation – Mexico Tax Rates and Rankings
Provides an analysis of Mexico's tax system, including personal income tax rates and comparisons with other OECD countries.