Mongolia vs Panama: Corporate income tax (CIT) - statutory and targeted small business
Corporate income tax (CIT) - statutory and targeted small business over time
- Mongolia
- Panama
How they compare
Mongolia currently reports 25 Percentage of taxable income against 25 Percentage of taxable income in Panama, a difference of 0 Percentage of taxable income.
Across all 27 years both countries report, Panama has been ahead every year.
Mongolia ranks 44th and Panama ranks 44th of 128 countries.
Panama has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Mongolia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 28.5 Percentage of taxable income | 30 Percentage of taxable income | 1.5 Percentage of taxable income | Panama |
| 2010s | 25 Percentage of taxable income | 25.25 Percentage of taxable income | 0.25 Percentage of taxable income | Panama |
| 2020s | 25 Percentage of taxable income | 25 Percentage of taxable income | 0 Percentage of taxable income | — |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher corporate income tax (cit) - statutory and targeted small business, Mongolia or Panama?
- Mongolia, at 25 Percentage of taxable income against 25 Percentage of taxable income in Panama as of 2026.
- What is the difference in corporate income tax (cit) - statutory and targeted small business between Mongolia and Panama?
- 0 Percentage of taxable income, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Panama?
- 27 years are reported by both, from 2000 to 2026.
- How do Mongolia and Panama rank globally for corporate income tax (cit) - statutory and targeted small business?
- Mongolia ranks 44th and Panama ranks 44th of 128 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Corporate income tax (CIT) - statutory and targeted small business rates — Combined corporate income tax rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Statutory and targeted, sub-central and combined corporate income tax (CIT) rates. Targeted rates of 'small incorporated business' are on the basis of size alone (e.g. number of employees, amount of assets, turnover or taxable income) and not on the basis of expenditures or other targeting criteria. Targeted rates data are only available for OECD member countries.