Monaco vs France
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π²π¨ 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.
π«π· France β Local & Regional Contributions
France's 18 regions and 96 metropolitan departments do not set income tax but levy business taxes (CFE; CVAE abolished 2024). Taxe foncière (property tax) is set by communes and has risen sharply. Taxe d'habitation was abolished for primary residences. Employers pay apprenticeship tax (0.68%) and professional training levies.
Monaco vs France: Key Tax Differences (2026)
π° Income Tax: π«π· France has a higher top income tax rate (0% vs 0β45%). π²π¨ Monaco is more favourable for high earners.
π VAT/Sales Tax: Both countries have comparable consumption tax rates (20% vs 5.5β20%).
π’ Corporate Tax: π«π· France offers a lower corporate rate (25% vs 33.33%), which can influence business location decisions.
π Capital Gains: π²π¨ Monaco taxes investment gains at a lower rate (0% vs 30%), benefiting investors.