Crypto tax in Mexico
Taxed as income at progressive rates up to 35%.
- Short-term rate
- 35%
- Long-term rate
- 35%
- Treatment
- Taxed as income
- Currency
- MXN
How Mexico taxes crypto
Mexico does not have specific crypto legislation but treats crypto gains as taxable income under general tax law. Gains are subject to progressive income tax rates up to 35%. The SAT (Tax Administration Service) requires reporting of crypto transactions. There is growing regulatory attention on cryptocurrency activities.
The same rate applies however long you held.
A 10,000 MXN gain, settled
| Held | Rate | Taken | Kept |
|---|---|---|---|
| Short-term | 35% | 3,500 | 6,500 |
This is the arithmetic the app runs on your device. Real liability depends on your residency, income, allowances and how the authority classifies your activity. Treat it as an estimate and check with a qualified adviser before you act.
Elsewhere in North America
| Jurisdiction | Short-term | Long-term |
|---|---|---|
| Bahamas | — | — |
| Barbados | — | — |
| Belize | — | — |
| Bermuda | — | — |
| Cayman Islands | — | — |
| Dominica | — | — |
| Jamaica | — | — |
| Panama | — | — |
Headline rate last checked 31 July 2026 · methodology