MN · AsiaUG · Africa
Mongolia vs Uganda: tax rates compared
Between the two, Uganda's income tax rate (40%) tops Mongolia's (20%) by 20pp. The 200-country average is 28%: Mongolia sits below it, Uganda sits above 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 | UG | Difference |
|---|---|---|---|
| Income Tax | 20% | 40% | UG +20 pplargest gap |
| Corporate Tax | 25% | 30% | UG +5 pp |
| VAT | 10% | 18% | UG +8 pp |
| Capital Gains Tax | 10% | 0% | MN +10 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 |
| Uganda | 40% | Source: PWC Worldwide Tax Summaries — Uganda (Individual, Taxes on personal income) · as of 2026-01-12 |
| Difference | −20 pp | Uganda higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Mongolia | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Uganda | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −5 pp | Uganda higher |
Between the two, Uganda's corporate tax rate (30%) tops Mongolia's (25%) by 5pp. 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 |
| Uganda | 18% | Source: PWC Worldwide Tax Summaries — Uganda (Corporate, Other taxes) · as of 2026-01-12 |
| Difference | −8 pp | Uganda higher |
Between the two, Uganda's VAT rate (18%) tops Mongolia's (10%) by 8pp. The 181-country average is 15%: Mongolia sits below it, Uganda 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 |
| Uganda | 0% | Source: PWC Worldwide Tax Summaries — Uganda (Individual, Income determination) · as of 2026-01-12 |
| Difference | +10 pp | Mongolia higher |
Between the two, Mongolia's capital gains tax rate (10%) tops Uganda's (0%) by 10pp. The 175-country average is 10.3%: both sit below 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 |
| Uganda | 0% | Source: PWC Worldwide Tax Summaries — Uganda (Individual, Other taxes) · as of 2026-01-12 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Mongolia and Uganda 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.