United States vs Monaco
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.
πΊπΈ United States β State & Local Taxes
The U.S. has 50 states each setting their own income tax (0%β13.3%). California tops at 13.3%, while Texas, Florida, and Nevada levy no state income tax. NYC adds its own income tax (up to 3.876%). Sales taxes vary from 0% (Oregon) to over 11% combined. Property taxes are primarily local. Some states like Washington have introduced capital gains levies.
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.
United States vs Monaco: Key Tax Differences (2026)
π° Income Tax: πΊπΈ United States has a higher top income tax rate (10β37% vs 0%). π²π¨ Monaco is more favourable for high earners.
π VAT/Sales Tax: Monaco has a higher consumption tax (0β11% vs 20%).
π’ Corporate Tax: πΊπΈ United States offers a lower corporate rate (21% vs 33.33%), which can influence business location decisions.
π Capital Gains: π²π¨ Monaco taxes investment gains at a lower rate (0% vs 20%), benefiting investors.