MN · AsiaCH · Europe

Mongolia vs Switzerland: tax rates compared

Switzerland has an income tax rate of 41.4%, 21.4pp above Mongolia's 20%. The 200-country average is 28%: Mongolia sits below it, Switzerland sits above it. Mongolia's figure is dated 2026-06-08 and Switzerland'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

0102030405060Income20%41.4%Corporate19.6%25%VAT8.1%10%Capital Gains0%10%Wealth Tax0%0.9%
five shared taxes, side by side
Tax MN CHDifference
Income Tax20%41.4%CH +21.4 pplargest gap
Corporate Tax25%19.6%MN +5.4 pp
VAT10%8.1%MN +1.9 pp
Capital Gains Tax10%0%MN +10 pp
Wealth Tax0%0.9%CH +0.9 pp

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
Switzerland41.4%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−21.4 ppSwitzerland higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Mongolia25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Switzerland19.6%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5.4 ppMongolia higher

Mongolia has a corporate tax rate of 25%, 5.4pp above Switzerland's 19.6%. The 201-country average is 22.6%: Mongolia sits above it, Switzerland sits below it.

VAT

VAT, side by side
CountryRateSource
Mongolia10%Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08
Switzerland8.1%Source: PWC Worldwide Tax Summaries — Switzerland (Corporate, Other taxes) · as of 2026-07-01
Difference+1.9 ppMongolia higher

Mongolia has a VAT rate of 10%, 1.9pp above Switzerland's 8.1%. 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
Switzerland0%Source: PWC Worldwide Tax Summaries — Switzerland (Individual, Income determination) · as of 2026-07-01
Difference+10 ppMongolia higher

Mongolia has a capital gains tax rate of 10%, 10pp above Switzerland's 0%. 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
Switzerland0.9%Source: République et Canton de Genève, Administration fiscale cantonale — Barèmes 2025 pour les impôts sur le revenu et la fortune · as of 2025-01-01
Difference−0.9 ppSwitzerland higher

Switzerland has a wealth tax rate of 0.9%, 0.9pp above Mongolia's 0%. The 193-country average is 0.1%: Mongolia sits below it, Switzerland sits above it. Mongolia's figure is dated 2026-06-08 and Switzerland's 2025-01-01, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.