The Personal Income Tax Rate in Mongolia stands at 10 percent. source: General Department of National Taxation

Personal Income Tax Rate in Mongolia is expected to reach 10.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Personal Income Tax Rate is projected to trend around 10.00 percent in 2021, according to our econometric models.

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Mongolia Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
10.00 10.00 10.00 10.00 2013 - 2019 percent Yearly

Mongolia Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 25.00 25.00 25.00 25.00 percent [+]
Personal Income Tax Rate 10.00 10.00 10.00 10.00 percent [+]
Sales Tax Rate 10.00 10.00 10.00 10.00 percent [+]
Social Security Rate 26.00 25.00 26.00 23.00 percent [+]
Social Security Rate For Companies 14.50 14.00 14.50 13.00 percent [+]
Social Security Rate For Employees 11.50 11.00 11.50 10.00 percent [+]


Mongolia Personal Income Tax Rate
In Mongolia, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Mongolia.