MN · AsiaES · Europe
Mongolia vs Spain: tax rates compared
Spain's income tax rate is 28.6pp higher than Mongolia's (48.6% vs 20%). The 200-country average is 28%: Mongolia sits below it, Spain sits above it. Mongolia's figure is dated 2026-06-08 and Spain's 2025-01-01, so the two rates come from different data vintages.
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 | ES | Difference |
|---|---|---|---|
| Income Tax | 20% | 48.6% | ES +28.6 pplargest gap |
| Corporate Tax | 25% | 25% | match |
| VAT | 10% | 21% | ES +11 pp |
| Capital Gains Tax | 10% | 30% | ES +20 pp |
| Wealth Tax | 0% | 3.5% | ES +3.5 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Mongolia | 20% | Source: PWC Worldwide Tax Summaries — Mongolia (Individual, Taxes on personal income) · as of 2026-06-08 |
| Spain | 48.6% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −28.6 pp | Spain higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Mongolia | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Spain | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | 0 pp | displayed rates match |
Mongolia's corporate tax rate is identical to Spain's — both sit at 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 |
| Spain | 21% | Source: PWC Worldwide Tax Summaries — Spain (Corporate, Other taxes) · as of 2025-12-31 |
| Difference | −11 pp | Spain higher |
Spain's VAT rate is 11pp higher than Mongolia's (21% vs 10%). The 181-country average is 15%: Mongolia sits below it, Spain sits above it. Mongolia's figure is dated 2026-06-08 and Spain's 2025-12-31, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Mongolia | 10% | Source: PwC Worldwide Tax Summaries — Mongolia (Individual, Income determination) · as of 2026-06-08 |
| Spain | 30% | Source: PwC Worldwide Tax Summaries — Spain, Individual - Income determination · as of 2025-12-31 |
| Difference | −20 pp | Spain higher |
Spain's capital gains tax rate is 20pp higher than Mongolia's (30% vs 10%). The 175-country average is 10.3%: Mongolia sits below it, Spain sits above it. Mongolia's figure is dated 2026-06-08 and Spain's 2025-12-31, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Mongolia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-08 |
| Spain | 3.5% | Source: PWC Worldwide Tax Summaries — Spain (Individual, Other taxes) · as of 2025-12-31 |
| Difference | −3.5 pp | Spain higher |
Spain's wealth tax rate is 3.5pp higher than Mongolia's (3.5% vs 0%). The 193-country average is 0.1%: Mongolia sits below it, Spain sits above it. Mongolia's figure is dated 2026-06-08 and Spain's 2025-12-31, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.