Monaco vs Argentina
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฒ๐จ Monaco โ 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 โ with the world's highest per-capita millionaires. VAT is aligned with the French system.
๐ฆ๐ท Argentina โ Provincial & Municipal Taxes
Argentina's 23 provinces and CABA each levy their own Ingresos Brutos (gross receipts tax) at 1%โ8%, one of the most distortive taxes in the system. Municipalities add tasas (fees/rates) on commercial activity. Property taxes (inmobiliario) are provincial. The national IIBB cascades through supply chains, raising effective business costs significantly. Buenos Aires province has higher rates than interior provinces. Frequent tax amnesties and complex withholding regimes add compliance burden.
Monaco vs Argentina: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฆ๐ท Argentina has a higher top income tax rate (0% vs 5โ35%). ๐ฒ๐จ Monaco is more favourable for high earners.
๐ VAT/Sales Tax: Argentina has a higher consumption tax (20% vs 10.5โ21%).
๐ข Corporate Tax: ๐ฒ๐จ Monaco offers a lower corporate rate (33.33% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐ฒ๐จ Monaco taxes investment gains at a lower rate (0% vs 15%), benefiting investors.