MN · AsiaTV · Oceania

Mongolia vs Tuvalu: tax rates compared

Tuvalu has an income tax rate of 30%, 10pp above Mongolia's 20%. The 200-country average is 28%: Mongolia sits below it, Tuvalu sits above it. Mongolia's figure is dated 2026-06-08 and Tuvalu's 2023-07-21, so the two rates come from different data vintages.

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

0102030405060Income20%30%VAT4%10%Capital Gains0%10%Wealth Tax0%
four shared taxes, side by side
Tax MN TVDifference
Income Tax20%30%TV +10 pplargest gap
VAT10%4%MN +6 pp
Capital Gains Tax10%0%MN +10 pp
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
Tuvalu30%Source: Tuvalu Legislation (official government legislation portal) — Income Tax Act, CAP. 26.16 (2022 Revised Edition), Schedule 6 · as of 2023-07-21
Difference−10 ppTuvalu higher

VAT

VAT, side by side
CountryRateSource
Mongolia10%Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08
Tuvalu4%Source: Consumption Tax Regulations, 2022 Revised Edition (CAP 26.02.1), Tuvalu · as of 2011-12-19
Difference+6 ppMongolia higher

Mongolia has a VAT rate of 10%, 6pp above Tuvalu's 4%. The 181-country average is 15%: both sit below it. Mongolia's figure is dated 2026-06-08 and Tuvalu's 2011-12-19, so the two rates come from different data vintages.

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
Tuvalu0%Source: Tuvalu Income Tax Act (CAP. 26.16), 2022 Revised Edition — Tuvalu Legislation Online · as of 2022-12-31
Difference+10 ppMongolia higher

Mongolia has a capital gains tax rate of 10%, 10pp above Tuvalu's 0%. The 175-country average is 10.3%: both sit below it. Mongolia's figure is dated 2026-06-08 and Tuvalu's 2022-12-31, so the two rates come from different data vintages.

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
Tuvalu0%Source: Tuvalu Income Tax Act 1992 (principal direct-tax statute), via International Center for Not-for-Profit Law mirror · as of 2026-07-18
Difference0 ppdisplayed rates match

Mongolia and Tuvalu share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Corporate Tax, Crypto Tax.