Sweden vs Mexico
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ธ๐ช Sweden โ Municipal Income Tax
Sweden's 290 municipalities and 21 regions each set their own income tax, ranging from ~29% to 35% (avg ~32%). The state income tax of 20% only applies above ~SEK 598,500. Church of Sweden members pay ~1% church fee. No local corporate tax variation.
๐ฒ๐ฝ 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%โ4% (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.
Sweden vs Mexico: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ธ๐ช Sweden has a higher top income tax rate (32โ52% vs 1.92โ35%). ๐ฒ๐ฝ Mexico is more favourable for high earners.
๐ VAT/Sales Tax: Sweden has a higher consumption tax (6โ25% vs 0โ16%).
๐ข Corporate Tax: ๐ธ๐ช Sweden offers a lower corporate rate (20.6% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐ธ๐ช Sweden taxes investment gains at a lower rate (30% vs 35%), benefiting investors.