WorldTax Compareโ† All Comparisons

Mongolia vs Thailand
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

๐Ÿ‡ฒ๐Ÿ‡ณ Mongolia
vs
๐Ÿ‡น๐Ÿ‡ญ Thailand
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
10โ€“25%
25% top; fiscal windfall from mining
No change
0โ€“35%
Stable structure; digital economy workers taxed
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
10%
10% stable
No change
7%
7% maintained; discussion to restore 10% continues
No change
Corporate Tax Rate
Corporate Tax Rate
10โ€“25%
25% large companies; mining fiscal regime key
No change
20%
20% stable; Pillar Two compliance for qualifying groups
No change
Capital Gains Tax
Capital Gains Tax
10%
10% maintained
No change
0โ€“35%
Listed shares remain exempt; property gains at income rates
No change
Social Security & Payroll
Social Security / Payroll
~19.8%
Coverage expanding; pension reform
No change
10%
SSF reforms ongoing; coverage expansion
No change
State, Regional & Local Taxes

๐Ÿ‡ฒ๐Ÿ‡ณ 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%โ€“5% on coal, 2.5% on strategic deposits) are national. A new mining law has updated fiscal terms.

๐Ÿ‡น๐Ÿ‡ญ Thailand โ€” Municipal & Local Organization Taxes

Thailand's 77 provinces contain various Local Administrative Organizations (LAOs) โ€” municipalities, sub-district organizations (TAO), and special areas (Bangkok, Pattaya). LAOs levy Local Development Tax (LDT) on land at low rates (0.01%โ€“0.5% of assessed value). The Land and Building Tax (LBT) implemented in 2020 applies at 0.01%โ€“3% based on use type. Bangkok has the highest real estate values. The Revenue Department administers national taxes centrally.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Mongolia vs Thailand: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡น๐Ÿ‡ญ Thailand has a higher top income tax rate (10โ€“25% vs 0โ€“35%). ๐Ÿ‡ฒ๐Ÿ‡ณ Mongolia is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Mongolia has a higher consumption tax (10% vs 7%).

๐Ÿข Corporate Tax: ๐Ÿ‡น๐Ÿ‡ญ Thailand offers a lower corporate rate (20% vs 25%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ฒ๐Ÿ‡ณ Mongolia taxes investment gains at a lower rate (10% vs 35%), benefiting investors.

Related Comparisons

๐Ÿ‡ฉ๐Ÿ‡ช Germany vs ๐Ÿ‡น๐Ÿ‡ญ ThailandTax comparison๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia vs ๐Ÿ‡น๐Ÿ‡ญ ThailandTax comparison๐Ÿ‡ฒ๐Ÿ‡พ Malaysia vs ๐Ÿ‡น๐Ÿ‡ญ ThailandTax comparison๐Ÿ‡ต๐Ÿ‡ญ Philippines vs ๐Ÿ‡น๐Ÿ‡ญ ThailandTax comparison๐Ÿ‡ธ๐Ÿ‡ฌ Singapore vs ๐Ÿ‡น๐Ÿ‡ญ ThailandTax comparison๐Ÿ‡น๐Ÿ‡ญ Thailand vs ๐Ÿ‡ฌ๐Ÿ‡ง United KingdomTax comparison๐Ÿ‡น๐Ÿ‡ญ Thailand vs ๐Ÿ‡บ๐Ÿ‡ธ United StatesTax comparison๐Ÿ‡น๐Ÿ‡ญ Thailand vs ๐Ÿ‡ป๐Ÿ‡ณ VietnamTax comparison๐Ÿ‡จ๐Ÿ‡ณ China vs ๐Ÿ‡ฒ๐Ÿ‡ณ MongoliaTax comparison๐Ÿ‡จ๐Ÿ‡ณ China vs ๐Ÿ‡น๐Ÿ‡ญ ThailandTax comparison๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡ฒ๐Ÿ‡ณ MongoliaTax comparison๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡น๐Ÿ‡ญ ThailandTax comparison