DK · EuropeMN · Asia
Denmark vs Mongolia: tax rates compared
Denmark's income tax rate is 35.9pp higher than Mongolia's (55.9% vs 20%). The 200-country average is 28%: Denmark sits above it, Mongolia sits below it. Denmark's figure is dated 2025-01-01 and Mongolia's 2026-06-08, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | DK | MN | Difference |
|---|---|---|---|
| Income Tax | 55.9% | 20% | DK +35.9 pplargest gap |
| Corporate Tax | 22% | 25% | MN +3 pp |
| VAT | 25% | 10% | DK +15 pp |
| Capital Gains Tax | 42% | 10% | DK +32 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Denmark | 55.9% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Mongolia | 20% | Source: PWC Worldwide Tax Summaries — Mongolia (Individual, Taxes on personal income) · as of 2026-06-08 |
| Difference | +35.9 pp | Denmark higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Denmark | 22% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Mongolia | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −3 pp | Mongolia higher |
Mongolia's corporate tax rate is 3pp higher than Denmark's (25% vs 22%). The 201-country average is 22.6%: Denmark sits below it, Mongolia sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Denmark | 25% | Source: PWC Worldwide Tax Summaries — Denmark (Corporate, Other taxes) · as of 2026-02-25 |
| Mongolia | 10% | Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08 |
| Difference | +15 pp | Denmark higher |
Denmark's VAT rate is 15pp higher than Mongolia's (25% vs 10%). The 181-country average is 15%: Denmark sits above it, Mongolia sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Denmark | 42% | Source: PwC Worldwide Tax Summaries — Denmark, Individual - Taxes on personal income · as of 2026-06-25 |
| Mongolia | 10% | Source: PwC Worldwide Tax Summaries — Mongolia (Individual, Income determination) · as of 2026-06-08 |
| Difference | +32 pp | Denmark higher |
Denmark's capital gains tax rate is 32pp higher than Mongolia's (42% vs 10%). The 175-country average is 10.3%: Denmark sits above it, Mongolia sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Denmark | 0% | Source: PWC Worldwide Tax Summaries — Denmark (Individual, Other taxes) · as of 2026-06-25 |
| Mongolia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-08 |
| Difference | 0 pp | displayed rates match |
Denmark's wealth tax rate is identical to Mongolia's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.