MN · AsiaRS · Europe
Mongolia vs Serbia: tax rates compared
Between the two, Mongolia's income tax rate (20%) tops Serbia's (10%) by 10pp. 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 | MN | RS | Difference |
|---|---|---|---|
| Income Tax | 20% | 10% | MN +10 pplargest gap |
| Corporate Tax | 25% | 15% | MN +10 pp |
| VAT | 10% | 20% | RS +10 pp |
| Capital Gains Tax | 10% | 15% | RS +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 |
| Serbia | 10% | Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25 |
| Difference | +10 pp | Mongolia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Mongolia | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Serbia | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +10 pp | Mongolia higher |
Between the two, Mongolia's corporate tax rate (25%) tops Serbia's (15%) by 10pp. The 201-country average is 22.6%: Mongolia sits above it, Serbia sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Mongolia | 10% | Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08 |
| Serbia | 20% | Source: PWC Worldwide Tax Summaries — Serbia (Corporate, Other taxes) · as of 2026-02-25 |
| Difference | −10 pp | Serbia higher |
Between the two, Serbia's VAT rate (20%) tops Mongolia's (10%) by 10pp. The 181-country average is 15%: Mongolia sits below it, Serbia 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 |
| Serbia | 15% | Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25 |
| Difference | −5 pp | Serbia higher |
Between the two, Serbia's capital gains tax rate (15%) tops Mongolia's (10%) by 5pp. The 175-country average is 10.3%: Mongolia sits below it, Serbia sits above 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 |
| Serbia | 0% | Source: PWC Worldwide Tax Summaries — Serbia (Net wealth/worth tax rates) · as of 2026-02-25 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Mongolia and Serbia 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.