IVA vs ISR differences Mexico

Quick summary: IVA vs ISR

FeatureIVA (VAT)ISR (Income Tax)
Full nameImpuesto al Valor AgregadoImpuesto Sobre la Renta
What does it tax?Consumption (purchases and services)Income or profit
General rate16%1% – 35% depending on regime and income
Who pays it?The final consumerThe income earner
Who remits to SAT?The seller/providerThe taxpayer
FrequencyMonthlyMonthly + Annual

What is IVA (Value Added Tax)?

IVA is a consumption tax. It applies to the sale of goods and provision of services in Mexico. The general rate is 16%. In the northern border zone (20km strip) the rate is 8%.

How IVA works

  1. When you sell or provide services, you charge IVA to your client (IVA trasladado).
  2. When you buy inputs or pay suppliers, you pay IVA (IVA acreditable).
  3. Each month you declare to SAT the difference: IVA charged − IVA paid.

Practical example:

  • You sold services for $100,000 MXN + IVA = you receive $116,000
  • You paid suppliers $30,000 + IVA = you paid $34,800
  • IVA to remit to SAT: $16,000 − $4,800 = $11,200 MXN

IVA-exempt activities

  • Unprocessed foods (fruits, vegetables, meat, milk)
  • Medicines
  • Books, newspapers and magazines
  • Exports (0% rate)
  • Educational services
  • Medical fees

What is ISR (Income Tax)?

ISR is a direct tax on income or profit. It is equivalent to Income Tax in English-speaking countries. All individuals and corporations earning income in Mexico pay ISR, regardless of nationality.

ISR rates by regime 2026

RegimeISR RateCalculation basis
RESICO (Individuals)1% – 2.5%Gross income
PFAE / General RegimeUp to 35%Taxable profit
Corporations (General)30% flatTaxable profit
RESICO Corporations1% – 30%Gross income

Do I pay both IVA and ISR?

Yes, in most cases both taxes coexist:

  • IVA is charged to the client and remitted to SAT — it doesn't directly come out of your pocket.
  • ISR comes from your own earnings — it's a percentage of what you make.

Common mistakes to avoid

  • Treating IVA charged as personal income — IVA is never yours, it belongs to SAT.
  • Not keeping CFDI receipts from purchases to credit IVA.
  • Not filing declarations when there was no activity (zero declarations are still required).

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