KI · OceaniaMN · Asia

Kiribati vs Mongolia: tax rates compared

Kiribati's income tax rate is 10pp higher than Mongolia's (30% vs 20%). The 200-country average is 28%: Kiribati sits above it, Mongolia sits below it. Kiribati's figure is dated 2014-01-01 and Mongolia's 2026-06-08, so the two rates come from different data vintages.

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

At a glance

0102030405060Income20%30%Corporate25%35%VAT10%12.5%Wealth Tax0%
four shared taxes, side by side
Tax KI MNDifference
Income Tax30%20%KI +10 pplargest gap
Corporate Tax35%25%KI +10 pp
VAT12.5%10%KI +2.5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Kiribati30%Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Tax Obligation Pamphlet (January 2026) · as of 2014-01-01
Mongolia20%Source: PWC Worldwide Tax Summaries — Mongolia (Individual, Taxes on personal income) · as of 2026-06-08
Difference+10 ppKiribati higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Kiribati35%Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Tax Obligation Pamphlet (January 2026) · as of 2001-01-01
Mongolia25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10 ppKiribati higher

Kiribati's corporate tax rate is 10pp higher than Mongolia's (35% vs 25%). The 201-country average is 22.6%: both sit above it. Kiribati's figure is dated 2001-01-01 and Mongolia's 2025-01-01, so the two rates come from different data vintages.

VAT

VAT, side by side
CountryRateSource
Kiribati12.5%Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Guidelines and Obligations of VAT Registered Businesses · as of 2024-05-31
Mongolia10%Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08
Difference+2.5 ppKiribati higher

Kiribati's VAT rate is 2.5pp higher than Mongolia's (12.5% vs 10%). The 181-country average is 15%: both sit below it. Kiribati's figure is dated 2024-05-31 and Mongolia's 2026-06-08, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Kiribati0%Source: Kiribati Ministry of Finance and Economic Development — Taxation · 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

Kiribati'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: Capital Gains Tax, Crypto Tax.