Updated March 18, 2026
Capital Gains: 1.92% - 35%Income Tax: 1.92% - 35%Tax Summary
Mexico lacks a specific cryptocurrency tax regime. Cryptocurrencies are classified as intangible movable property. Gains and income face progressive ISR rates of 1.92% to 35%.
Quick facts for Mexico
Capital Gains Tax
1.92% - 35%Income Tax Rate
1.92% - 35%Capital Gains Tax
1.92% - 35%ā¢ Gains from crypto classified as alienation of movable property.
ā¢ Taxable on disposals, sales, or crypto-to-crypto exchanges.
ā¢ Compute net gain: sale price minus acquisition cost in MXN.
ā¢ Use FIFO as default; losses offset gains same year, carry forward allowed.
ā¢ No specific exemptions or thresholds for individuals.
ā¢ Taxable on disposals, sales, or crypto-to-crypto exchanges.
ā¢ Compute net gain: sale price minus acquisition cost in MXN.
ā¢ Use FIFO as default; losses offset gains same year, carry forward allowed.
ā¢ No specific exemptions or thresholds for individuals.
Income Tax
1.92% - 35%ā¢ Mining rewards taxed as ordinary business income at FMV on receipt.
ā¢ Staking rewards taxed as ordinary income at FMV when withdrawable.
ā¢ Airdrops, forks taxed as income at FMV on receipt.
ā¢ All crypto income aggregates with other income for progressive rates.
ā¢ Staking rewards taxed as ordinary income at FMV when withdrawable.
ā¢ Airdrops, forks taxed as income at FMV on receipt.
ā¢ All crypto income aggregates with other income for progressive rates.
Reporting Requirements
ā¢ Report gains in Schedule 5 (accumulative), income in relevant schedules of annual ISR declaration.
ā¢ File annual declaration via SAT portal (DeclaraSAT).
ā¢ Deadline: April 30 for prior calendar year.
ā¢ Retain transaction records for 5 years.
ā¢ Value in MXN using official or market rates.
ā¢ File annual declaration via SAT portal (DeclaraSAT).
ā¢ Deadline: April 30 for prior calendar year.
ā¢ Retain transaction records for 5 years.
ā¢ Value in MXN using official or market rates.
Special Notes
ā¢ 16% VAT applies if crypto used to buy taxable goods/services.
ā¢ SAT monitors via digital tracking; use reliable valuation sources.
ā¢ Non-residents face 10-35% withholding on payments.
ā¢ Deduct transaction fees, costs if documented.
ā¢ No dedicated crypto rules; general ISR applies as of 2026.
ā¢ SAT monitors via digital tracking; use reliable valuation sources.
ā¢ Non-residents face 10-35% withholding on payments.
ā¢ Deduct transaction fees, costs if documented.
ā¢ No dedicated crypto rules; general ISR applies as of 2026.
Recent News
Latest updates about crypto taxes in Mexico
Mexico Crypto Tax Guide 2026 The Essential Breakdown
Detailed guide on crypto tax rules, compliance, and strategies in Mexico for 2026.
February 17, 2026
Bitcoin Taxes in Mexico: How Much Do Individuals Pay on Gains
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January 9, 2026
Blockchain & Cryptocurrency Laws & Regulations 2026 | Mexico
Reviews crypto regulations including taxation: no specific regime, uses general income tax.
October 21, 2025
Mexico Crypto Tax FAQ
Is cryptocurrency taxed in Mexico?
Mexico lacks a specific cryptocurrency tax regime. Cryptocurrencies are classified as intangible movable property. Gains and income face progressive ISR rates of 1.92% to 35%.
What is the capital gains tax rate on crypto in Mexico?
The capital gains tax rate for cryptocurrency in Mexico is 1.92% - 35%. ā¢ Gains from crypto classified as alienation of movable property.
How do I report crypto taxes in Mexico?
ā¢ Report gains in Schedule 5 (accumulative), income in relevant schedules of annual ISR declaration.
Are crypto-to-crypto trades taxable in Mexico?
In most cases, crypto-to-crypto trades are taxable events in Mexico. When you exchange one cryptocurrency for another, you may realize a capital gain or loss based on the difference between your cost basis and the fair market value at the time of the trade.
Compare With Other Countries
Disclaimer: This information is AI-generated and for educational purposes only. Tax laws are complex and subject to change. Always consult with a qualified tax professional for advice specific to your situation.