Main Taxes Paid in Mexico

February 5, 2025

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In Mexico, citizens and companies must comply with various tax obligations. Below are some of the main taxes paid in the country:

  1. Income Tax (ISR) This tax applies to both individuals and corporations on the income they earn. The rate varies depending on the level of income and can reach up to 35% in the case of individuals.
  2. Value Added Tax (VAT) It is an indirect tax applied to the consumption of goods and services. The general rate is 16%, although in some border regions it is reduced to 8%.
  3. Special Tax on Production and Services (IEPS) It applies to products such as gasoline, alcohol, tobacco and high-calorie foods. Its purpose is to regulate the consumption of certain goods and generate income for the government.
  4. Property Tax It is a municipal tax paid by property owners and is calculated based on the cadastral value of the property.
  5. Payroll Taxes and Rights Businesses and employers must pay a tax on the wages they give to their employees. This varies depending on the state where they operate.

Complying with these tax obligations is essential to avoid legal problems and contribute to the development of the country. For more information, do not hesitate to send us a message.

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