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Crypto Tax in Mexico

A structured summary of how individual crypto taxation works in Mexico — the tax regime, headline rate, accepted cost-basis methods, exemptions and anti-avoidance rules.

General information generated from our jurisdiction dataset, not tax advice. Rules change — verify with a local professional.

Individual crypto tax — Mexico

General Information

Default Framework
IFRS
Crypto Classification
Intangible Asset, Current Asset
Tax Year
Calendar Year (M12)
Functional Currency
MXN
FX Source (Reporting)
BANXICO
FX Source (Tax)
SAT
Transaction Rate
Daily Spot
Hyperinflationary
✗ No

Individual Tax — Regime

Tax Regime
Capital Gains
Crypto gains taxed as 'enajenación de bienes' (disposal of goods). Progressive ISR rates.
Tax Rate
35%
Progressive ISR rates up to 35%

Individual Tax — Cost Basis

Measurement Basis
Historical Cost
Cost Method
FIFO
Method Electable
✓ Yes
Permitted Methods
FIFO, WAVG
Country Override
Standard

Individual Tax — Exemptions

CGT Exempt
✗ No
Holding Period
HP Benefit
Annual Exemption
Threshold Exemption

Individual Tax — Anti-Avoidance

Wash Sale
✗ Off
Same-Day Rule
✗ No
Superficial Loss
✗ No
Loss Restriction
Unrestricted
Loss Carryforward
Unlimited
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Is crypto taxed for individuals in Mexico?

Mexico applies a Capital Gains treatment to individual crypto. The table above shows the headline rate, cost-basis method and any exemptions.

Which cost-basis method does Mexico use?

See the cost-basis section above for the default method and the alternatives Mexico permits for individuals.

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