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Yes. Corporate tax rate is around 30%; personal income tax rate is 35% and sales tax rate is around 16%.

Mexican Government's taxes and revenues amount for 21.1% of GDP, or some US$223 billion; however due to high incidence of underemployment (around 25% of the labor force), many people and companies underreport or skip altogether their fair share of taxes.

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6y ago
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7y ago

Yes. Corporate tax rate is around 30%; personal income tax rate is 35% and sales tax rate is around 16%.

Mexican Government's taxes and revenues amount for 21.1% of GDP, or some US$223 billion; however due to high incidence of underemployment (around 25% of the labor force), many people and companies underreport or skip altogether their fair share of taxes.

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12y ago

Yes. The US government has been implementing this kind of scheme as of late to get as many taxes as it can.

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13y ago

Of course, if the company that pays you is registered in Mexico. If it is a subsidiary of an American company, most probably you don't need to pay such taxes.

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Q: Do US citizens working in Mexico pay Mexico taxes?
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