EE · EuropeMN · Asia

Estonia vs Mongolia: tax rates compared

Estonia's income tax rate is 2pp higher than Mongolia's (22% vs 20%). The 200-country average is 28%: both sit below it. Estonia'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

0102030405060Income20%22%Corporate22%25%VAT10%24%Capital Gains10%22%Wealth Tax0%
five shared taxes, side by side
Tax EE MNDifference
Income Tax22%20%EE +2 pp
Corporate Tax22%25%MN +3 pp
VAT24%10%EE +14 pplargest gap
Capital Gains Tax22%10%EE +12 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Estonia22%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Mongolia20%Source: PWC Worldwide Tax Summaries — Mongolia (Individual, Taxes on personal income) · as of 2026-06-08
Difference+2 ppEstonia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Estonia22%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
Difference−3 ppMongolia higher

Mongolia's corporate tax rate is 3pp higher than Estonia's (25% vs 22%). The 201-country average is 22.6%: Estonia sits below it, Mongolia sits above it.

VAT

VAT, side by side
CountryRateSource
Estonia24%Source: Estonian Tax and Customs Board (EMTA) — Value added tax · as of 2025-07-01
Mongolia10%Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08
Difference+14 ppEstonia higher

Estonia's VAT rate is 14pp higher than Mongolia's (24% vs 10%). The 181-country average is 15%: Estonia sits above it, Mongolia sits below it. Estonia's figure is dated 2025-07-01 and Mongolia's 2026-06-08, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Estonia22%Source: PwC Worldwide Tax Summaries — Estonia, Individual - Taxes on personal income · as of 2026-05-29
Mongolia10%Source: PwC Worldwide Tax Summaries — Mongolia (Individual, Income determination) · as of 2026-06-08
Difference+12 ppEstonia higher

Estonia's capital gains tax rate is 12pp higher than Mongolia's (22% vs 10%). The 175-country average is 10.3%: Estonia sits above it, Mongolia sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Estonia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-29
Mongolia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-08
Difference0 ppdisplayed rates match

Estonia'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.