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Economy > Government > Revenue > Tax Stats: compare key data on Mexico & Spain

Definitions

  • Corporate tax: Corporate tax.

    No date was available from the Wikipedia article, so we used the date of retrieval.

    Bangladesh had range specified: 45%-0%

    Maldives had range specified: 15%-0%

    Mexico had range specified: 30%-28%

    Spain had range specified: 30%-25%

    Sri Lanka had range specified: 35%-0%

    Switzerland had range specified: 25%-13%

  • Maximum tax rate for individuals: Individual (max).

    No date was available from the Wikipedia article, so we used the date of retrieval.

    Mexico had range specified: 29%-3%

  • Tax burden, % of GDP: Overall taxes, including all forms of direct and indirect taxation at all levels of government, as a percentage of GDP.
  • Taxes foreign income of nonresident citizens: Indicates whether or not a tax is levied on the foreign income of non-resident citizens. An asterisk indicates that certain exemptions exist.
  • Taxes foreign income of resident foreigners: Indicates whether or not a tax is levied on the foreign income of resident foreigners.
  • Taxes local income of nonresident individuals: Indicates whether or not a tax is levied on income generated in the country by individuals who are not residents (applies to both, citizens and foreigners).
  • Taxes local income of resident citizens: Indicates whether or not a tax is levied on income generated within the country by individuals who are both citizens and residents of this country.
  • Taxes local income of resident foreigners: Indicates whether or not a tax is levied on income generated within the country by resident foreigners
STAT Mexico Spain
Corporate tax 29%
Ranked 12th. 5% more than Spain
27.5%
Ranked 14th.
Maximum tax rate for individuals 16%
Ranked 38th.
0.0
Ranked 25th.
Tax burden, % of GDP 10.6
Ranked 155th.
31.6
Ranked 35th. 3 times more than Mexico
Taxes foreign income of nonresident citizens no no*
Taxes foreign income of resident foreigners yes yes
Taxes local income of nonresident individuals yes yes
Taxes local income of resident citizens yes yes
Taxes local income of resident foreigners yes yes

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