Monaco vs Sweden
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.
πΈπͺ Sweden β Municipal Income Tax
Sweden's 290 municipalities and 21 regions each set their own income tax, ranging from ~29% to 35% (avg ~32%). The state income tax of 20% only applies above ~SEK 598,500. Church of Sweden members pay ~1% church fee. No local corporate tax variation.
Monaco vs Sweden: Key Tax Differences (2026)
π° Income Tax: πΈπͺ Sweden has a higher top income tax rate (0% vs 32β52%). π²π¨ Monaco is more favourable for high earners.
π VAT/Sales Tax: Sweden has a higher consumption tax (20% vs 6β25%).
π’ Corporate Tax: πΈπͺ Sweden offers a lower corporate rate (20.6% 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.