Mongolia or Serbia: which taxes less?

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

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

Tax Mongolia Serbia Gap
Corporate income tax headline rate 10% to 25% 15% +10.0 points
Personal income tax top bracket 10% to 20% 10% to 20% Same rate
VAT standard rate 10% 20% −10.0 points