JE · EuropeMN · Asia

Jersey vs Mongolia: tax rates compared

Jersey's income tax rate is identical to Mongolia's — both sit at 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%Corporate0%25%VAT5%10%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax JE MNDifference
Income Tax20%20%match
Corporate Tax0%25%MN +25 pplargest gap
VAT5%10%MN +5 pp
Capital Gains Tax0%10%MN +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Jersey20%Source: PWC Worldwide Tax Summaries — Jersey, Channel Islands (Individual, Taxes on personal income) · as of 2026-02-02
Mongolia20%Source: PWC Worldwide Tax Summaries — Mongolia (Individual, Taxes on personal income) · as of 2026-06-08
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Jersey0%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−25 ppMongolia higher

Mongolia's corporate tax rate is 25pp higher than Jersey's (25% vs 0%). The 201-country average is 22.6%: Jersey sits below it, Mongolia sits above it.

VAT

VAT, side by side
CountryRateSource
Jersey5%Source: PWC Worldwide Tax Summaries — Jersey (Corporate, Other taxes) · as of 2026-02-02
Mongolia10%Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08
Difference−5 ppMongolia higher

Mongolia's VAT rate is 5pp higher than Jersey's (10% vs 5%). The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Jersey0%Source: PWC Worldwide Tax Summaries — Jersey (Individual, Income determination) · as of 2026-02-02
Mongolia10%Source: PwC Worldwide Tax Summaries — Mongolia (Individual, Income determination) · as of 2026-06-08
Difference−10 ppMongolia higher

Mongolia's capital gains tax rate is 10pp higher than Jersey's (10% vs 0%). The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Jersey0%Source: PWC Worldwide Tax Summaries — Jersey (Individual, Other taxes) · as of 2026-02-02
Mongolia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-08
Difference0 ppdisplayed rates match

Jersey'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.