The Personal Income Tax Rate in Mexico stands at 35 percent. source: Servicio de Administración Tributaria, SHCP

Personal Income Tax Rate in Mexico averaged 31.53 percent from 2004 until 2020, reaching an all time high of 35 percent in 2015 and a record low of 28 percent in 2007. This page provides - Mexico Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Personal Income Tax Rate - values, historical data and charts - was last updated on November of 2021.

Personal Income Tax Rate in Mexico is expected to reach 35.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Personal Income Tax Rate is projected to trend around 35.00 percent in 2021, according to our econometric models.

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Mexico Personal Income Tax Rate


Related Last Previous Unit Reference
Personal Income Tax Rate 35.00 35.00 percent Dec/21
Corporate Tax Rate 30.00 30.00 percent Dec/21
Sales Tax Rate 16.00 16.00 percent Dec/21
Mexico Personal Income Tax Rate
In Mexico, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Mexico.