DO · AmericasMN · Asia
Dominican Republic vs Mongolia: tax rates compared
Between the two, Dominican Republic's income tax rate (25%) tops Mongolia's (20%) by 5pp. The 200-country average is 28%: both sit below it. Dominican Republic's figure is dated 2025-12-05 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 | DO | MN | Difference |
|---|---|---|---|
| Income Tax | 25% | 20% | DO +5 pp |
| Corporate Tax | 27% | 25% | DO +2 pp |
| VAT | 18% | 10% | DO +8 pp |
| Capital Gains Tax | 25% | 10% | DO +15 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Dominican Republic | 25% | Source: PwC Worldwide Tax Summaries — Dominican Republic, Individual - Taxes on personal income · as of 2025-12-05 |
| Mongolia | 20% | Source: PWC Worldwide Tax Summaries — Mongolia (Individual, Taxes on personal income) · as of 2026-06-08 |
| Difference | +5 pp | Dominican Republic higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Dominican Republic | 27% | 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 | +2 pp | Dominican Republic higher |
Between the two, Dominican Republic's corporate tax rate (27%) tops Mongolia's (25%) by 2pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Dominican Republic | 18% | Source: PWC Worldwide Tax Summaries — Dominican Republic (Corporate, Other taxes) · as of 2025-12-05 |
| Mongolia | 10% | Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08 |
| Difference | +8 pp | Dominican Republic higher |
Between the two, Dominican Republic's VAT rate (18%) tops Mongolia's (10%) by 8pp. The 181-country average is 15%: Dominican Republic sits above it, Mongolia sits below it. Dominican Republic's figure is dated 2025-12-05 and Mongolia's 2026-06-08, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Dominican Republic | 25% | Source: PwC Worldwide Tax Summaries — Dominican Republic, Individual - Taxes on personal income · as of 2025-12-05 |
| Mongolia | 10% | Source: PwC Worldwide Tax Summaries — Mongolia (Individual, Income determination) · as of 2026-06-08 |
| Difference | +15 pp | Dominican Republic higher |
Between the two, Dominican Republic's capital gains tax rate (25%) tops Mongolia's (10%) by 15pp. The 175-country average is 10.3%: Dominican Republic sits above it, Mongolia sits below it. Dominican Republic's figure is dated 2025-12-05 and Mongolia's 2026-06-08, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Dominican Republic | 0% | Source: PWC Worldwide Tax Summaries — Dominican Republic (Individual, Other taxes) · as of 2025-12-05 |
| 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 |
There's no gap here — Dominican Republic and Mongolia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Dominican Republic's figure is dated 2025-12-05 and Mongolia's 2026-06-08, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.