Mongolia vs Taiwan
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฒ๐ณ Mongolia โ 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%โ5% on coal, 2.5% on strategic deposits) are national. A new mining law has updated fiscal terms.
๐น๐ผ Taiwan โ Municipal & County Tax Levies
Taiwan's 6 special municipalities (including Taipei, New Taipei, Kaohsiung), 3 cities, and 13 counties each levy local taxes including land value tax (1%โ5.5% of announced land value), house tax (1.5%โ3.6% on residential; 3%โ5% commercial), and vehicle license tax. Land Value Increment Tax (LVIT) on land price gains is a major revenue source. The National Taxation Bureau administers national income and business taxes.
Mongolia vs Taiwan: Key Tax Differences (2026)
๐ฐ Income Tax: ๐น๐ผ Taiwan has a higher top income tax rate (10โ25% vs 5โ40%). ๐ฒ๐ณ Mongolia is more favourable for high earners.
๐ VAT/Sales Tax: Mongolia has a higher consumption tax (10% vs 5%).
๐ข Corporate Tax: ๐น๐ผ Taiwan offers a lower corporate rate (20% vs 25%), which can influence business location decisions.
๐ Capital Gains: ๐น๐ผ Taiwan taxes investment gains at a lower rate (0% vs 10%), benefiting investors.