WorldTax Compare← All Comparisons

Peru vs Monaco
Tax Rate Comparison

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

πŸ‡΅πŸ‡ͺ Peru
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
8–30%
Rates stable; tax formalization drive
No change
0%
No personal income tax maintained
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
18%
18% stable; digital services included
No change
20%
French VAT: 20% standard
No change
Corporate Tax Rate
Corporate Tax Rate
29.5%
29.5%; Pillar Two framework in development
No change
33.33%
33.33% qualifying profits; Pillar Two top-up for MNCs
No change
Capital Gains Tax
Capital Gains Tax
5%
5% dividend rate maintained
No change
0%
No CGT for residents
No change
Social Security & Payroll
Social Security / Payroll
~32%
Mixed pension system; ONP and AFP reform progressing
No change
~30%
Social contributions stable; high living standards
No change
State, Regional & Local Taxes

πŸ‡΅πŸ‡ͺ Peru β€” Municipal Taxes & Regional Licenses

Peru's 25 regions and 1,874 municipalities have limited tax powers. Municipalities levy Impuesto Predial (property tax at 0.2%–1% of self-assessed value), vehicle tax (Impuesto al Patrimonio Vehicular), and business licences. Alcabala (property transfer tax) is municipal at 3% of value above 10 UIT. The national tax authority (SUNAT) administers income and VAT taxes. Peru has a flat corporate rate and progressive personal income tax system.

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.

Peru vs Monaco: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡΅πŸ‡ͺ Peru has a higher top income tax rate (8–30% vs 0%). πŸ‡²πŸ‡¨ Monaco is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Monaco has a higher consumption tax (18% vs 20%).

🏒 Corporate Tax: πŸ‡΅πŸ‡ͺ Peru offers a lower corporate rate (29.5% 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 5%), benefiting investors.

Related Comparisons

πŸ‡΅πŸ‡ͺ Peru vs πŸ‡¦πŸ‡· ArgentinaTax comparisonπŸ‡΅πŸ‡ͺ Peru vs πŸ‡§πŸ‡΄ BoliviaTax comparisonπŸ‡΅πŸ‡ͺ Peru vs πŸ‡§πŸ‡· BrazilTax comparisonπŸ‡΅πŸ‡ͺ Peru vs πŸ‡¨πŸ‡± ChileTax comparisonπŸ‡΅πŸ‡ͺ Peru vs πŸ‡¨πŸ‡΄ ColombiaTax comparisonπŸ‡΅πŸ‡ͺ Peru vs πŸ‡ͺπŸ‡¨ EcuadorTax comparisonπŸ‡΅πŸ‡ͺ Peru vs πŸ‡²πŸ‡½ MexicoTax comparisonπŸ‡΅πŸ‡ͺ Peru vs πŸ‡΅πŸ‡Ύ ParaguayTax comparisonπŸ‡΅πŸ‡ͺ Peru vs πŸ‡ΊπŸ‡Έ United StatesTax comparisonπŸ‡΅πŸ‡ͺ Peru vs πŸ‡ΊπŸ‡Ύ UruguayTax comparisonπŸ‡΅πŸ‡ͺ Peru vs πŸ‡¨πŸ‡³ ChinaTax comparisonπŸ‡΅πŸ‡ͺ Peru vs πŸ‡«πŸ‡· FranceTax comparison