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Hungary vs Mongolia: tax rates compared

Mongolia's income tax rate is 5pp higher than Hungary's (20% vs 15%). The 200-country average is 28%: both sit below it. Hungary'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

0102030405060Income15%20%Corporate9%25%VAT10%27%Capital Gains10%15%Wealth Tax0%
five shared taxes, side by side
Tax HU MNDifference
Income Tax15%20%MN +5 pp
Corporate Tax9%25%MN +16 pp
VAT27%10%HU +17 pplargest gap
Capital Gains Tax15%10%HU +5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Hungary15%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−5 ppMongolia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Hungary9%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−16 ppMongolia higher

Mongolia's corporate tax rate is 16pp higher than Hungary's (25% vs 9%). The 201-country average is 22.6%: Hungary sits below it, Mongolia sits above it.

VAT

VAT, side by side
CountryRateSource
Hungary27%Source: PWC Worldwide Tax Summaries — Hungary (Corporate, Other taxes) · as of 2025-12-31
Mongolia10%Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08
Difference+17 ppHungary higher

Hungary's VAT rate is 17pp higher than Mongolia's (27% vs 10%). The 181-country average is 15%: Hungary sits above it, Mongolia sits below it. Hungary's figure is dated 2025-12-31 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
Hungary15%Source: PWC Worldwide Tax Summaries — Hungary (Individual, Income determination) · as of 2025-12-31
Mongolia10%Source: PwC Worldwide Tax Summaries — Mongolia (Individual, Income determination) · as of 2026-06-08
Difference+5 ppHungary higher

Hungary's capital gains tax rate is 5pp higher than Mongolia's (15% vs 10%). The 175-country average is 10.3%: Hungary sits above it, Mongolia sits below it. Hungary's figure is dated 2025-12-31 and Mongolia's 2026-06-08, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Hungary0%Source: PWC Worldwide Tax Summaries — Hungary (Individual, Other taxes) · as of 2025-12-31
Mongolia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-08
Difference0 ppdisplayed rates match

Hungary's wealth tax rate is identical to Mongolia's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Hungary's figure is dated 2025-12-31 and Mongolia's 2026-06-08, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.