LA · AsiaMN · Asia
Laos vs Mongolia: tax rates compared
Between the two, Laos's income tax rate (25%) tops Mongolia's (20%) by 5pp. 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
| Tax | LA | MN | Difference |
|---|---|---|---|
| Income Tax | 25% | 20% | LA +5 pp |
| Corporate Tax | 20% | 25% | MN +5 pp |
| VAT | 10% | 10% | match |
| Capital Gains Tax | 2% | 10% | MN +8 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Laos | 25% | Source: PWC Worldwide Tax Summaries — Lao PDR (Individual, Taxes on personal income) · as of 2026-02-06 |
| Mongolia | 20% | Source: PWC Worldwide Tax Summaries — Mongolia (Individual, Taxes on personal income) · as of 2026-06-08 |
| Difference | +5 pp | Laos higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Laos | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Mongolia | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −5 pp | Mongolia higher |
Between the two, Mongolia's corporate tax rate (25%) tops Laos's (20%) by 5pp. The 201-country average is 22.6%: Laos sits below it, Mongolia sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Laos | 10% | Source: PWC Worldwide Tax Summaries — Lao PDR (Corporate, Other taxes) · as of 2026-02-06 |
| Mongolia | 10% | Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Laos and Mongolia both post a VAT rate of 10%. The 181-country average is 15%: both sit below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Laos | 2% | Source: PWC Worldwide Tax Summaries — Lao PDR (Individual, Income determination) · as of 2026-02-06 |
| Mongolia | 10% | Source: PwC Worldwide Tax Summaries — Mongolia (Individual, Income determination) · as of 2026-06-08 |
| Difference | −8 pp | Mongolia higher |
Between the two, Mongolia's capital gains tax rate (10%) tops Laos's (2%) by 8pp. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Laos | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-06 |
| Mongolia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-08 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Laos and Mongolia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.