Monaco vs Tanzania
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.
๐น๐ฟ Tanzania โ Local Government Authority Taxes
Tanzania's 26 regions and 184 district/city councils levy local government taxes including property tax (for urban areas), business licence fees, and various service levies. The Tanzania Revenue Authority (TRA) administers all national taxes. Zanzibar has its own tax administration and slightly different rates for some taxes. The Local Government Finance Act sets the framework for council taxation. The country has been expanding its tax base through digitalization and mandatory electronic fiscal devices (EFDs).
Monaco vs Tanzania: Key Tax Differences (2026)
๐ฐ Income Tax: ๐น๐ฟ Tanzania has a higher top income tax rate (0% vs 0โ30%). ๐ฒ๐จ Monaco is more favourable for high earners.
๐ VAT/Sales Tax: Monaco has a higher consumption tax (20% vs 18%).
๐ข Corporate Tax: ๐น๐ฟ Tanzania offers a lower corporate rate (30% vs 33.33%), which can influence business location decisions.
๐ Capital Gains: ๐ฒ๐จ Monaco taxes investment gains at a lower rate (0% vs 10%), benefiting investors.