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Mongolia vs Timor-Leste: tax rates compared

Between the two, Mongolia's income tax rate (20%) tops Timor-Leste's (10%) by 10pp. The 200-country average is 28%: both sit below it.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income10%20%Corporate10%25%Capital Gains10%Wealth Tax0%
four shared taxes, side by side
Tax MN TLDifference
Income Tax20%10%MN +10 pp
Corporate Tax25%10%MN +15 pplargest gap
Capital Gains Tax10%10%match
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
Timor-Leste10%Source: PWC Worldwide Tax Summaries — Timor-Leste (Individual, Taxes on personal income) · as of 2026-03-05
Difference+10 ppMongolia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Mongolia25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Timor-Leste10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+15 ppMongolia higher

Between the two, Mongolia's corporate tax rate (25%) tops Timor-Leste's (10%) by 15pp. The 201-country average is 22.6%: Mongolia sits above it, Timor-Leste sits 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
Timor-Leste10%Source: PWC Worldwide Tax Summaries — Timor-Leste (Individual, Taxes on personal income) · as of 2026-03-05
Difference0 ppdisplayed rates match

There's no gap here — Mongolia and Timor-Leste both post a capital gains tax rate of 10%. 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
Timor-Leste0%Source: PWC Worldwide Tax Summaries — Timor-Leste (Individual, Other taxes) · as of 2026-03-05
Difference0 ppdisplayed rates match

There's no gap here — Mongolia and Timor-Leste 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: VAT, Crypto Tax.