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Mexico

Cryptocurrency Tax Information

Updated March 18, 2026
Capital Gains: 1.92% - 35%Income Tax: 1.92% - 35%
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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%
Estimate your crypto taxes in Mexico
Use our free calculator to model trading gains, staking income, mining income, and other crypto income using the headline rates from the matching country guide.

Educational only. If the guide has a tax-rate range, the calculator will show a low/high estimate.

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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.
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.
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.
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.
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

Outlines taxation of bitcoin gains for individuals under Mexico's general income tax rules.

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

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Australia

0-45% (marginal rates; 50% CGT discount if held >12 months)
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Brazil

15-22.5% (progressive)
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Canada

50% inclusion (66.67% over $250k annual gains); taxed at marginal rates (15-54%)
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France

30% PFU (occasional traders); 0-45% progressive (professionals)
View all 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.