MN · AsiaOM · Asia

Mongolia vs Oman: tax rates compared

Between the two, Mongolia's income tax rate (20%) tops Oman's (0%) by 20pp. 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

0102030405060Income0%20%Corporate15%25%VAT5%10%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax MN OMDifference
Income Tax20%0%MN +20 pplargest gap
Corporate Tax25%15%MN +10 pp
VAT10%5%MN +5 pp
Capital Gains Tax10%0%MN +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Mongolia20%Source: PWC Worldwide Tax Summaries — Mongolia (Individual, Taxes on personal income) · as of 2026-06-08
Oman0%Source: PWC Worldwide Tax Summaries — Oman (Individual, Significant developments) · as of 2026-07-07
Difference+20 ppMongolia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Mongolia25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Oman15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10 ppMongolia higher

Between the two, Mongolia's corporate tax rate (25%) tops Oman's (15%) by 10pp. The 201-country average is 22.6%: Mongolia sits above it, Oman sits below it.

VAT

VAT, side by side
CountryRateSource
Mongolia10%Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08
Oman5%Source: PWC Worldwide Tax Summaries — Oman (Corporate, Other taxes) · as of 2026-07-07
Difference+5 ppMongolia higher

Between the two, Mongolia's VAT rate (10%) tops Oman's (5%) by 5pp. The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Mongolia10%Source: PwC Worldwide Tax Summaries — Mongolia (Individual, Income determination) · as of 2026-06-08
Oman0%Source: PWC Worldwide Tax Summaries — Oman (Individual, Significant developments) · as of 2026-07-07
Difference+10 ppMongolia higher

Between the two, Mongolia's capital gains tax rate (10%) tops Oman's (0%) by 10pp. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Mongolia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-08
Oman0%Source: PWC Worldwide Tax Summaries — Oman (Individual, Other taxes) · as of 2026-07-07
Difference0 ppdisplayed rates match

There's no gap here — Mongolia and Oman 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.