MN · Asia · MNT
Mongolia
Tax rates
Income Tax
20%
Top rate, progressive scale
Source: PWC Worldwide Tax Summaries — Mongolia (Individual, Taxes on personal income) · as of 2026-06-08Corporate Tax
25%
Statutory rate
Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01VAT
10%
Standard rate
Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08Capital Gains Tax
10%
Source: PwC Worldwide Tax Summaries — Mongolia (Individual, Income determination) · as of 2026-06-08Wealth Tax
0%
Not levied
Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-08
No verified data yet for: Crypto Tax.
Estimate your income tax
Enter a gross annual salary to estimate 2026 national income tax for Mongolia using verified brackets — total tax, effective and marginal rate, net income, and the per-band breakdown. National income tax only; social contributions and sub-national taxes are excluded unless the notes say otherwise. The full calculator covers every country with verified rates.
The calculator needs JavaScript — every figure stays readable without it. The full bracket schedule is under Brackets & notes below, and the calculator page lists every country's schedule.
Brackets, notes & in practice
Income Tax
| Threshold | Rate |
|---|---|
| MNT 0 | 10% |
| MNT 120,000,000 | 15% |
| MNT 180,000,000 | 20% |
Progressive rates apply to residents' annual taxable income from salaries, wages, and similar employment income; other income types such as property income, immovable-property sales, artistic and sporting income, and lotteries are taxed under separate schedular rates from 2% to 40%.
Mongolia taxes residents' salary, wage, and employment income on a progressive scale: 10% up to MNT 120 million, 15% from MNT 120-180 million, and 20% above MNT 180 million. Other income types, such as property income and lottery winnings, are taxed under separate schedular rates ranging from 2% to 40%.
VAT
In practice
- Filing
Under Mongolia's VAT Law, any person, including individuals, legal entities, and permanent establishments, whose sales income reaches MNT 50 million or more within 12 consecutive months must register as a VAT withholder; voluntary registration is available from MNT 10 million in sales income, and the sale of fixed assets is excluded from the threshold calculation.
Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08- Exemptions
Mongolia's VAT Law (Article 13) exempts a long list of specific goods, including diplomatic and humanitarian imports, disability equipment, residential real estate, blood and organs for medical use, gold, and basic agricultural produce such as crops, meat, and milk, as well as services including banking, insurance, securities, loans, residential rental, education, healthcare, religious services, public transport, and government-provided public services. Entities with annual sales under MNT 50 million (other than imports) are exempt from VAT altogether.
Source: Legalinfo.mn — Law of Mongolia on Value Added Tax (July 9, 2015, revised version), Article 13 · as of 2022-12-19
Capital Gains Tax
Mongolia taxes individual income from the sale of movable property, including securities, on a net basis at a flat rate of 10%.
Wealth Tax
No net wealth tax levied.