IT · Europe ↔ MN · Asia

Italy vs Mongolia: tax rates compared

Between the two, Italy's corporate tax rate (27.8%) tops Mongolia's (25%) by 2.8pp. The 201-country average is 22.6%: both sit above it.

Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Corporate Tax

0102030405060World avg 22.6%IT 27.8%MN 25%
Corporate Tax, side by side
CountryRateSource
Italy27.8%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+2.8 ppItaly higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%IT 0%MN 0%
Wealth Tax, side by side
CountryRateSource
Italy0%Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01
Mongolia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-08
Difference0 ppdisplayed rates match

There's no gap here — Italy and Mongolia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Italy's figure is dated 2024-01-01 and Mongolia's 2026-06-08, so the two rates come from different data vintages.

Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.