Taxes on income, profits and capital gains as a share of revenue reached 12.5% in 2020 in Mongolia, according to the National Statistical Office. This is 21.6% less than in the previous year.
Historically, taxes on income, profits and capital gains as a share of revenue in Mongolia reached an all time high of 45.4% in 1993 and an all time low of 6.80% in 1999.
Mongolia has been ranked 99th within the group of 109 countries we follow in terms of taxes on income, profits and capital gains as a share of revenue.
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