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Namibia vs Mexico
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

๐Ÿ‡ณ๐Ÿ‡ฆ Namibia
vs
๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0โ€“37%
37% top; oil revenues expected from 2026+
No change
1.92โ€“35%
Rates stable; fiscal consolidation needed
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
15%
15% stable
No change
0โ€“16%
Standard 16% maintained
No change
Corporate Tax Rate
Corporate Tax Rate
32%
32%; petroleum fiscal regime evolving for new fields
No change
30%
30% maintained; Pillar Two discussions
No change
Capital Gains Tax
Capital Gains Tax
0%
CGT reform discussions ongoing
No change
35%
No change
No change
Social Security & Payroll
Social Security / Payroll
~9%
SSC; pension fund development
No change
~35%
Nearshoring investment affecting payroll dynamics
No change
State, Regional & Local Taxes

๐Ÿ‡ณ๐Ÿ‡ฆ Namibia โ€” Regional Councils & Local Authorities

Namibia's 14 regional councils and local authority councils levy property rates, business licences, and local fees. The Namibia Revenue Agency (NamRA) administers national taxes. Namibia is a significant mining economy โ€” diamonds (Namdeb/De Beers), uranium (one of world's largest producers), copper. A major TotalEnergies Orange Basin offshore oil discovery is advancing toward production. Non-resident shareholders' tax (NRST) at 10%โ€“20% applies on dividends. Namibia has one of Africa's more functional tax administrations.

๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico โ€” State & Municipal Taxes

Mexico's 31 states and Mexico City each have their own regimes. States charge local payroll tax (Impuesto Sobre Nรณmina) at 1%โ€“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.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Namibia vs Mexico: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ณ๐Ÿ‡ฆ Namibia has a higher top income tax rate (0โ€“37% vs 1.92โ€“35%). ๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Mexico has a higher consumption tax (15% vs 0โ€“16%).

๐Ÿข Corporate Tax: ๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico offers a lower corporate rate (30% vs 32%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ณ๐Ÿ‡ฆ Namibia taxes investment gains at a lower rate (0% vs 35%), benefiting investors.

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