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Mexico vs Portugal Tax Comparison
Side-by-side comparison of tax rates and systems
Tax Rate Comparison
Rate Comparison
Top Income Tax
Mexico35%Lower
Portugal48%
Corporate Tax
Mexico30%
Portugal19%Lower
Capital Gains
Mexico35%
Portugal28%Lower
VAT / Sales Tax
Mexico16%Lower
Portugal23%
| Category | Mexico | Portugal |
|---|---|---|
| Tax System | Progressive | Progressive |
| Top Income Tax | 35% | 48% |
| Corporate Tax | 30% | 19% |
| Capital Gains | 35% | 28% |
| VAT / Sales Tax | 16% | 23% |
| Crypto Tax | Yes | Yes |
| Wealth Tax | No | No |
| Tax Treaties | 60 | 80 |
| Currency | MXN | EUR |
The bottom line: Mexico vs Portugal
Mexico and Portugal are evenly matched on the four headline taxes, each coming out lower on two of them — so the better choice depends on your specific income mix. Mexico runs a progressive tax system, while Portugal uses a progressive one. Portugal has the wider tax-treaty network (80 agreements), which can reduce withholding tax on cross-border income.
- Income tax: Mexico is lower (35% vs 48%)
- Corporate tax: Portugal is lower (30% vs 19%)
- Capital gains tax: Portugal is lower (35% vs 28%)
- VAT / sales tax: Mexico is lower (16% vs 23%)