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Ethiopia vs Monaco
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

πŸ‡ͺπŸ‡Ή Ethiopia
vs
πŸ‡²πŸ‡¨ Monaco
Tax Year:

πŸ’° Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country β€” side by side.

Enter your annual income above to see your personal tax comparison β†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0–35%
Fiscal modernization continuing; bracket adjustments for inflation
No change
0%
No personal income tax maintained
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
15%
15% standard
No change
20%
French VAT: 20% standard
No change
Corporate Tax Rate
Corporate Tax Rate
30%
30%; industrial parks offer incentives
No change
33.33%
33.33% qualifying profits; Pillar Two top-up for MNCs
No change
Capital Gains Tax
Capital Gains Tax
15%
15% maintained
No change
0%
No CGT for residents
No change
Social Security & Payroll
Social Security / Payroll
~17%
Pension expansion targeted
No change
~30%
Social contributions stable; high living standards
No change
State, Regional & Local Taxes

πŸ‡ͺπŸ‡Ή Ethiopia β€” Regional State Taxes

Ethiopia's 11 regional states and 2 chartered cities (Addis Ababa, Dire Dawa) have their own revenue authorities. Regional states collect income tax on employees of regional civil servants and businesses registered in their regions. Agricultural income tax is exclusively regional, though poorly collected in rural areas. The Ethiopian Revenues and Customs Authority (ERCA) administers federal taxes. Addis Ababa has the most developed tax administration. Turnover tax (TOT) of 2% applies to businesses below VAT threshold.

πŸ‡²πŸ‡¨ Monaco β€” No Sub-National Tax Variation

Monaco is a city-state with no sub-national taxation. Monaco has no personal income tax for residents (with limited exception for French nationals under a bilateral treaty). Corporate tax at 33.33% applies only to companies deriving more than 25% of revenue from outside Monaco. This principality between France and Italy is the world's most famous tax haven β€” with the world's highest per-capita millionaires. VAT is aligned with the French system.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Ethiopia vs Monaco: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡ͺπŸ‡Ή Ethiopia has a higher top income tax rate (0–35% vs 0%). πŸ‡²πŸ‡¨ Monaco is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Monaco has a higher consumption tax (15% vs 20%).

🏒 Corporate Tax: πŸ‡ͺπŸ‡Ή Ethiopia offers a lower corporate rate (30% vs 33.33%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡²πŸ‡¨ Monaco taxes investment gains at a lower rate (0% vs 15%), benefiting investors.

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