BY · EuropeMN · Asia

Belarus vs Mongolia: tax rates compared

Belarus's income tax rate is 10pp higher than Mongolia's (30% vs 20%). The 200-country average is 28%: Belarus sits above it, Mongolia sits below it.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income20%30%Corporate25%VAT10%20%Capital Gains10%13%
four shared taxes, side by side
Tax BY MNDifference
Income Tax30%20%BY +10 pplargest gap
Corporate Tax25%25%match
VAT20%10%BY +10 pp
Capital Gains Tax13%10%BY +3 pp

Income Tax

Income Tax, side by side
CountryRateSource
Belarus30%Source: Official Internet Portal of the President of the Republic of Belarus — "Aleksandr Lukashenko approves changes to tax legislation" · as of 2026-01-01
Mongolia20%Source: PWC Worldwide Tax Summaries — Mongolia (Individual, Taxes on personal income) · as of 2026-06-08
Difference+10 ppBelarus higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belarus25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Mongolia25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Belarus's corporate tax rate is identical to Mongolia's — both sit at 25%. The 201-country average is 22.6%: both sit above it.

VAT

Belarus's VAT rate is 10pp higher than Mongolia's (20% vs 10%). The 181-country average is 15%: Belarus sits above it, Mongolia sits below it.

Capital Gains Tax

Belarus's capital gains tax rate is 3pp higher than Mongolia's (13% vs 10%). The 175-country average is 10.3%: Belarus sits above it, Mongolia sits below it.

Not covered for both countries yet: Crypto Tax, Wealth Tax.