The Sales Tax Rate in Mongolia stands at 10 percent.

Sales Tax Rate in Mongolia is expected to reach 10.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Sales Tax Rate - VAT is projected to trend around 10.00 percent in 2021, according to our econometric models.

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Mongolia Sales Tax Rate - VAT

Actual Previous Highest Lowest Dates Unit Frequency
10.00 10.00 10.00 10.00 2014 - 2020 percent Yearly

Mongolia Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 25.00 25.00 25.00 25.00 percent [+]
Personal Income Tax Rate 10.00 10.00 10.00 10.00 percent [+]
Sales Tax Rate 10.00 10.00 10.00 10.00 percent [+]
Social Security Rate 26.00 25.00 26.00 23.00 percent [+]
Social Security Rate For Companies 14.50 14.00 14.50 13.00 percent [+]
Social Security Rate For Employees 11.50 11.00 11.50 10.00 percent [+]


Mongolia Sales Tax Rate - VAT
In Mongolia, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Mongolia.