Laos or Mongolia: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Laos and Mongolia weigh about the same on the taxpayer.

Laos

6.1/10

67th of 217

Tax Laos Mongolia Gap
Corporate income tax headline rate 20% 10% to 25% −5.0 points
Personal income tax top bracket 0% to 25% 10% to 20% +5.0 points
VAT standard rate 10% 10% Same rate
See the Laos page See the Mongolia page