Dividend tax in Mexico 2026

Mexican dividends carry two layers: a final 10% withholding taken by the company, and inclusion of the grossed-up dividend in your annual return with a credit for the 30% corporate tax already paid.

For most taxpayers the imputation credit largely covers the scale tax, leaving the 10% as the real extra cost — and old profits accumulated to 2013 escape even that.

At a glance

top rate: 10% withholding + net scale effect after the corporate credit
entry band: 10% from the first peso
tax year basis: Withheld on distribution; grossed-up in the annual return
filing deadline: 30 April; foreign dividends' 10% due by the 17th of the following month
residency basis: Residents: worldwide dividends, with credit for foreign tax
regime flag: Pre-2014 taxed-profits account (CUFIN) balances — to 2013 — exempt from the 10%

Rates

How investment income is taxed (2026)

Rate	Base	Applies to
10% final + scale with credit	Gross / grossed-up dividend	Dividends from Mexican companies
10% final	Gross dividend	Foreign dividends — self-remitted by the 17th of the next month, plus scale inclusion
0.90% of capital	Principal amount	Bank and financial-system interest — advance withholding (2026, up from 0.50%); real interest taxed at scale
20%	Nominal interest	Interest from non-financial payers — final below MXN 100,000 of interest-only income

Thresholds & allowances

Small-saver exemptionBalance up to MXN 213,973
Interest on qualifying bank accounts is exempt when the average daily balance stays under 5 annual measure units

Residency

Residency trigger

The distributing company withholds the 10% and issues the certificate that unlocks the corporate-tax credit; without the certificate, no credit.

Non-resident treatment

Non-residents bear the same 10% withholding on Mexican dividends — treaties can reduce it — with company-level equalization tax covering untaxed profits.

Notes

The 10% cannot be credited against anything — it is a true surtax on distributions from post-2013 profits.
Interest withholding by banks is computed on the capital, not the interest — 0.90% of principal in 2026 — then trued up against tax on real (inflation-adjusted) interest.
Royalty income of individuals is generally business income; copyright royalties are exempt up to 20 annual measure units under conditions.

FAQ

How are dividends taxed in Mexico?

A final 10% is withheld by the company, and the grossed-up dividend also enters your annual return with a credit for the 30% corporate tax — old pre-2014 profit accounts skip the 10%.

How is bank interest taxed?

Banks withhold 0.90% of your capital (2026) as an advance; the annual return then taxes only your real, inflation-adjusted interest at scale rates — small accounts under about MXN 214,000 of balance are exempt.

Figures: tax year 2026, compiled from public sources. Not tax advice.

See dividend tax in other countries

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