Taxes on income, profits and capital gains reached MNT 1,403 bil in 2020 in Mongolia, according to the National Statistical Office. This is 30.9% less than in the previous year.
Historically, taxes on income, profits and capital gains in Mongolia reached an all time high of MNT 2,031 bil in 2019 and an all time low of MNT 2.09 bil in 1992.
Mongolia has been ranked 16th within the group of 109 countries we follow in terms of taxes on income, profits and capital gains.
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