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Mexico vs Argentina Tax Comparison
Side-by-side comparison of tax rates and systems
Tax Rate Comparison
Rate Comparison
Top Income Tax
Mexico35%
Argentina35%
Corporate Tax
Mexico30%Lower
Argentina35%
Capital Gains
Mexico35%
Argentina15%Lower
VAT / Sales Tax
Mexico16%Lower
Argentina21%
| Category | Mexico | Argentina |
|---|---|---|
| Tax System | Progressive | Progressive |
| Top Income Tax | 35% | 35% |
| Corporate Tax | 30% | 35% |
| Capital Gains | 35% | 15% |
| VAT / Sales Tax | 16% | 21% |
| Crypto Tax | Yes | Yes |
| Wealth Tax | No | Yes |
| Tax Treaties | 60 | 22 |
| Currency | MXN | ARS |
The bottom line: Mexico vs Argentina
Mexico has the lower headline rate on 2 of the four main taxes (income, corporate, capital gains and VAT), making it the lighter-taxed of the two on paper. Mexico runs a progressive tax system, while Argentina uses a progressive one. Mexico has the wider tax-treaty network (60 agreements), which can reduce withholding tax on cross-border income.
- Income tax: identical in both (35%)
- Corporate tax: Mexico is lower (30% vs 35%)
- Capital gains tax: Argentina is lower (35% vs 15%)
- VAT / sales tax: Mexico is lower (16% vs 21%)