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Mongolia vs Thailand
Tax Rate Comparison

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

🇲🇳 Mongolia
vs
🇹🇭 Thailand
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
10–25%
25% top; fiscal windfall from mining
No change
0–35%
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
10–25%
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
0–35%
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

🇲🇳 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.

🇹🇭 Thailand — Municipal & Local Organization Taxes

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

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

Mongolia vs Thailand: Key Tax Differences (2026)

💰 Income Tax: 🇹🇭 Thailand has a higher top income tax rate (10–25% vs 0–35%). 🇲🇳 Mongolia is more favourable for high earners.

🛒 VAT/Sales Tax: Mongolia has a higher consumption tax (10% vs 7%).

🏢 Corporate Tax: 🇹🇭 Thailand offers a lower corporate rate (20% vs 25%), which can influence business location decisions.

📈 Capital Gains: 🇲🇳 Mongolia taxes investment gains at a lower rate (10% vs 35%), benefiting investors.

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All 🇲🇳 Mongolia comparisons →All 🇹🇭 Thailand comparisons →