Mongolia vs Brazil
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.
🇧🇷 Brazil — State & Municipal Taxes
Brazil has one of the world's most complex tax systems. States levy ICMS at 7%–18% varying by state. Municipalities levy ISS (services tax) at 2%–5% and IPTU (urban property tax). A sweeping tax reform (EC 132/2023) is gradually replacing ICMS/ISS with unified IBS and CBS taxes through 2033. States impose ITCMD (inheritance/gift tax) up to 8%.
Mongolia vs Brazil: Key Tax Differences (2026)
💰 Income Tax: 🇧🇷 Brazil has a higher top income tax rate (10–25% vs 0–27.5%). 🇲🇳 Mongolia is more favourable for high earners.
🛒 VAT/Sales Tax: Brazil has a higher consumption tax (10% vs ~27.5% combined).
🏢 Corporate Tax: 🇲🇳 Mongolia offers a lower corporate rate (25% vs 34%), which can influence business location decisions.
📈 Capital Gains: 🇲🇳 Mongolia taxes investment gains at a lower rate (10% vs 22.5%), benefiting investors.