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Mongolia vs United States: tax rates compared

United States has an income tax rate of 43.7%, 23.7pp above Mongolia's 20%. The 200-country average is 28%: Mongolia sits below it, United States sits above it. Mongolia's figure is dated 2026-06-08 and United States's 2025-01-01, 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%43.7%Corporate25%25.6%Capital Gains10%20%Wealth Tax0%
four shared taxes, side by side
Tax MN USDifference
Income Tax20%43.7%US +23.7 pplargest gap
Corporate Tax25%25.6%US +0.6 pp
Capital Gains Tax10%20%US +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
United States43.7%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−23.7 ppUnited States higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Mongolia25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
United States25.6%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−0.6 ppUnited States higher

United States has a corporate tax rate of 25.6%, 0.6pp above Mongolia's 25%. The 201-country average is 22.6%: both sit above 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
United States20%Source: PWC Worldwide Tax Summaries — United States (Individual, Other taxes) · as of 2025-01-01
Difference−10 ppUnited States higher

United States has a capital gains tax rate of 20%, 10pp above Mongolia's 10%. The 175-country average is 10.3%: Mongolia sits below it, United States sits above it. Mongolia's figure is dated 2026-06-08 and United States's 2025-01-01, 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
United States0%Source: PWC Worldwide Tax Summaries — United States (Individual, Other taxes) · as of 2026-03-18
Difference0 ppdisplayed rates match

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

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