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Mongolia vs Peru: tax rates compared
Peru has an income tax rate of 30%, 10pp above Mongolia's 20%. The 200-country average is 28%: Mongolia sits below it, Peru 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
| Tax | MN | PE | Difference |
|---|---|---|---|
| Income Tax | 20% | 30% | PE +10 pplargest gap |
| Corporate Tax | 25% | 29.5% | PE +4.5 pp |
| VAT | 10% | 18% | PE +8 pp |
| Capital Gains Tax | 10% | 5% | MN +5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Mongolia | 20% | Source: PWC Worldwide Tax Summaries — Mongolia (Individual, Taxes on personal income) · as of 2026-06-08 |
| Peru | 30% | Source: PWC Worldwide Tax Summaries — Peru (Individual, Taxes on personal income) · as of 2026-07-13 |
| Difference | −10 pp | Peru higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Mongolia | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Peru | 29.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −4.5 pp | Peru higher |
Peru has a corporate tax rate of 29.5%, 4.5pp above Mongolia's 25%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Mongolia | 10% | Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08 |
| Peru | 18% | Source: PWC Worldwide Tax Summaries — Peru (Corporate, Other taxes) · as of 2026-07-13 |
| Difference | −8 pp | Peru higher |
Peru has a VAT rate of 18%, 8pp above Mongolia's 10%. The 181-country average is 15%: Mongolia sits below it, Peru sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Mongolia | 10% | Source: PwC Worldwide Tax Summaries — Mongolia (Individual, Income determination) · as of 2026-06-08 |
| Peru | 5% | Source: PWC Worldwide Tax Summaries — Peru (Individual, Income determination) · as of 2026-07-13 |
| Difference | +5 pp | Mongolia higher |
Mongolia has a capital gains tax rate of 10%, 5pp above Peru's 5%. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Mongolia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-08 |
| Peru | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Peru · as of 2025-10-01 |
| Difference | 0 pp | displayed rates match |
Mongolia and Peru share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Mongolia's figure is dated 2026-06-08 and Peru's 2025-10-01, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.