Mexico Personal Income Tax
Detailed personal income tax rates and rules for Mexico in 2026.
Mexico imposes a progressive federal income tax with 11 brackets ranging from 1.92% to 35%. Tax residents are taxed on worldwide income while non-residents are taxed only on Mexican-source income at varying withholding rates. Employment income is subject to withholding by employers, while self-employed individuals must file monthly provisional payments and an annual return. Personal deductions are limited and include medical expenses, mortgage interest, school tuition, and retirement savings contributions, subject to an overall cap of the lesser of 15% of gross income or approximately 5 times the annual UMA (Unit of Measurement).
| Income Range (MXN) | Tax Rate |
|---|---|
| MX$0 – MX$9K | 1.9% |
| MX$9K – MX$76K | 6.4% |
| MX$76K – MX$134K | 10.9% |
| MX$134K – MX$155K | 16% |
| MX$155K – MX$186K | 17.9% |
| MX$186K – MX$375K | 21.4% |
| MX$375K – MX$591K | 23.5% |
| MX$591K – MX$1.1M | 30% |
| MX$1.1M – MX$1.5M | 32% |
| MX$1.5M – MX$4.5M | 34% |
| MX$4.5M+ | 35% |
Filing Deadline
April 30
Residency Rule
Mexico considers individuals as tax residents if they have established their home in Mexico, or if their center of vital interests is in Mexico (more than 50% of income originates from Mexican sources or principal place of professional activities is in Mexico). Mexican nationals who cannot prove tax residency in another country are also deemed Mexican tax residents.
How Mexico Income Tax compares
Mexico’s top personal income tax rate of 35% is the 59th highest of 203 countries TaxAtlas tracks, above the global average of 27.7% and North America’s regional average of 24.4%.
