Mongolia vs United States
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.
๐บ๐ธ United States โ State & Local Taxes
The U.S. has 50 states each setting their own income tax (0%โ13.3%). California tops at 13.3%, while Texas, Florida, and Nevada levy no state income tax. NYC adds its own income tax (up to 3.876%). Sales taxes vary from 0% (Oregon) to over 11% combined. Property taxes are primarily local. Some states like Washington have introduced capital gains levies.
Mongolia vs United States: Key Tax Differences (2026)
๐ฐ Income Tax: ๐บ๐ธ United States has a higher top income tax rate (10โ25% vs 10โ37%). ๐ฒ๐ณ Mongolia is more favourable for high earners.
๐ VAT/Sales Tax: United States has a higher consumption tax (10% vs 0โ11%).
๐ข Corporate Tax: ๐บ๐ธ United States offers a lower corporate rate (21% vs 25%), which can influence business location decisions.
๐ Capital Gains: ๐ฒ๐ณ Mongolia taxes investment gains at a lower rate (10% vs 20%), benefiting investors.