MN · AsiaUY · Americas

Mongolia vs Uruguay: tax rates compared

Uruguay has an income tax rate of 36%, 16pp above Mongolia's 20%. The 200-country average is 28%: Mongolia sits below it, Uruguay sits above it. Mongolia's figure is dated 2026-06-08 and Uruguay's 2025-12-31, 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%36%Corporate25%VAT10%22%Capital Gains10%12%Wealth Tax0%0.1%
five shared taxes, side by side
Tax MN UYDifference
Income Tax20%36%UY +16 pplargest gap
Corporate Tax25%25%match
VAT10%22%UY +12 pp
Capital Gains Tax10%12%UY +2 pp
Wealth Tax0%0.1%UY +0.1 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
Uruguay36%Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Taxes on personal income) · as of 2025-12-31
Difference−16 ppUruguay higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Mongolia25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Uruguay25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Mongolia and Uruguay share the same corporate tax rate: 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Mongolia10%Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08
Uruguay22%Source: Dirección General Impositiva (DGI), Uruguay · as of 2024-06-18
Difference−12 ppUruguay higher

Uruguay has a VAT rate of 22%, 12pp above Mongolia's 10%. The 181-country average is 15%: Mongolia sits below it, Uruguay sits above it. Mongolia's figure is dated 2026-06-08 and Uruguay's 2024-06-18, 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
Uruguay12%Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Income determination) · as of 2026-03-09
Difference−2 ppUruguay higher

Uruguay has a capital gains tax rate of 12%, 2pp above Mongolia's 10%. The 175-country average is 10.3%: Mongolia sits below it, Uruguay sits above 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
Uruguay0.1%Source: Dirección General Impositiva — Tasas del Impuesto al Patrimonio, personas físicas 2025 · as of 2025-01-01
Difference−0.1 ppUruguay higher

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

Not covered for both countries yet: Crypto Tax.