Mongolia vs Belize
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇲🇳 Mongolia — Aimag & Municipal Taxes
Mongolia's 21 aimags (provinces) and Ulaanbaatar city have provincial and local administrations that collect property taxes, vehicle taxes, and business licence fees within national frameworks. The General Department of Taxation (GDT) administers all national taxes. Mongolia's economy is dominated by mining (coal, copper, gold) with Erdenet, Tavan Tolgoi, and Oyu Tolgoi being major revenue sources. Mining royalties (5%–5% on coal, 2.5% on strategic deposits) are national. A new mining law has updated fiscal terms.
🇧🇿 Belize — Municipal & Town Council Taxes
Belize's 6 districts and municipal/town councils levy property tax, business tax (turnover-based), and trade licences. Belize has a unique business tax system — a turnover-based tax (1.75%–19% of gross revenues by sector) instead of a traditional profit-based corporate income tax. Belize is a former British colony using English common law. It's a tourism-dependent economy with growing offshore financial services and a significant Belizean diaspora. The country has been working to exit grey lists and improve tax transparency.
Mongolia vs Belize: Key Tax Differences (2026)
💰 Income Tax: Mongolia and Belize have similar top income tax rates (10–25% vs 0–25%).
🛒 VAT/Sales Tax: Belize has a higher consumption tax (10% vs 12.5%).
🏢 Corporate Tax: 🇧🇿 Belize offers a lower corporate rate (19% vs 25%), which can influence business location decisions.
📈 Capital Gains: 🇧🇿 Belize taxes investment gains at a lower rate (0% vs 10%), benefiting investors.