HN · AmericasMN · Asia

Honduras vs Mongolia: tax rates compared

Honduras's income tax rate is 5pp higher than Mongolia's (25% vs 20%). The 200-country average is 28%: both sit below it.

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%25%Corporate25%30%VAT10%15%Capital Gains10%Wealth Tax0%
five shared taxes, side by side
Tax HN MNDifference
Income Tax25%20%HN +5 pplargest gap
Corporate Tax30%25%HN +5 pp
VAT15%10%HN +5 pp
Capital Gains Tax10%10%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Honduras25%Source: PWC Worldwide Tax Summaries — Honduras (Individual, Taxes on personal income) · as of 2026-02-27
Mongolia20%Source: PWC Worldwide Tax Summaries — Mongolia (Individual, Taxes on personal income) · as of 2026-06-08
Difference+5 ppHonduras higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Honduras30%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+5 ppHonduras higher

Honduras's corporate tax rate is 5pp higher than Mongolia's (30% vs 25%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Honduras15%Source: PWC Worldwide Tax Summaries — Honduras (Corporate, Other taxes) · as of 2026-02-27
Mongolia10%Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08
Difference+5 ppHonduras higher

Honduras's VAT rate is 5pp higher than Mongolia's (15% vs 10%). The 181-country average is 15%: Honduras matches the world average, Mongolia sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Honduras10%Source: PWC Worldwide Tax Summaries — Honduras (Individual, Income determination) · as of 2026-02-27
Mongolia10%Source: PwC Worldwide Tax Summaries — Mongolia (Individual, Income determination) · as of 2026-06-08
Difference0 ppdisplayed rates match

Honduras's capital gains tax rate is identical to Mongolia's — both sit at 10%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Honduras0%Source: Servicio de Administración de Rentas (SAR), Honduras · as of 2026-07-18
Mongolia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-08
Difference0 ppdisplayed rates match

Honduras'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.