Taiwan 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.
๐น๐ผ Taiwan โ Municipal & County Tax Levies
Taiwan's 6 special municipalities (including Taipei, New Taipei, Kaohsiung), 3 cities, and 13 counties each levy local taxes including land value tax (1%โ5.5% of announced land value), house tax (1.5%โ3.6% on residential; 3%โ5% commercial), and vehicle license tax. Land Value Increment Tax (LVIT) on land price gains is a major revenue source. The National Taxation Bureau administers national income and business taxes.
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.
Taiwan vs Mexico: Key Tax Differences (2026)
๐ฐ Income Tax: ๐น๐ผ Taiwan has a higher top income tax rate (5โ40% vs 1.92โ35%). ๐ฒ๐ฝ Mexico is more favourable for high earners.
๐ VAT/Sales Tax: Mexico has a higher consumption tax (5% vs 0โ16%).
๐ข Corporate Tax: ๐น๐ผ Taiwan offers a lower corporate rate (20% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐น๐ผ Taiwan taxes investment gains at a lower rate (0% vs 35%), benefiting investors.