MN · AsiaPK · Asia

Mongolia vs Pakistan: tax rates compared

Between the two, Pakistan's income tax rate (35%) tops Mongolia's (20%) by 15pp. The 200-country average is 28%: Mongolia sits below it, Pakistan sits above 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%35%Corporate25%29%VAT10%18%Capital Gains10%15%Wealth Tax0%
five shared taxes, side by side
Tax MN PKDifference
Income Tax20%35%PK +15 pplargest gap
Corporate Tax25%29%PK +4 pp
VAT10%18%PK +8 pp
Capital Gains Tax10%15%PK +5 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
Pakistan35%Source: PWC Worldwide Tax Summaries — Pakistan (Individual, Taxes on personal income) · as of 2026-01-19
Difference−15 ppPakistan higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Mongolia25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Pakistan29%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−4 ppPakistan higher

Between the two, Pakistan's corporate tax rate (29%) tops Mongolia's (25%) by 4pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Mongolia10%Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08
Pakistan18%Source: PWC Worldwide Tax Summaries — Pakistan (Corporate, Other taxes) · as of 2026-01-19
Difference−8 ppPakistan higher

Between the two, Pakistan's VAT rate (18%) tops Mongolia's (10%) by 8pp. The 181-country average is 15%: Mongolia sits below it, Pakistan sits above 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
Pakistan15%Source: PWC Worldwide Tax Summaries — Pakistan (Individual, Income determination) · as of 2026-01-19
Difference−5 ppPakistan higher

Between the two, Pakistan's capital gains tax rate (15%) tops Mongolia's (10%) by 5pp. The 175-country average is 10.3%: Mongolia sits below it, Pakistan sits above 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
Pakistan0%Source: PWC Worldwide Tax Summaries — Pakistan (Individual, Other taxes) · as of 2026-01-19
Difference0 ppdisplayed rates match

There's no gap here — Mongolia and Pakistan 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.