BY · EuropeMC · Europe
Belarus vs Monaco: tax rates compared
Between the two, Belarus's income tax rate (30%) tops Monaco's (0%) by 30pp. The 200-country average is 28%: Belarus sits above it, Monaco sits below it. Belarus's figure is dated 2026-01-01 and Monaco's 2023-03-13, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | BY | MC | Difference |
|---|---|---|---|
| Income Tax | 30% | 0% | BY +30 pplargest gap |
| Corporate Tax | 25% | 25% | match |
| VAT | 20% | 20% | match |
| Capital Gains Tax | 13% | 0% | BY +13 pp |
| Crypto Tax | 13% | 0% | BY +13 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Belarus | 30% | Source: Official Internet Portal of the President of the Republic of Belarus — "Aleksandr Lukashenko approves changes to tax legislation" · as of 2026-01-01 |
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13 |
| Difference | +30 pp | Belarus higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Belarus | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Monaco | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Belarus and Monaco both post a corporate tax rate of 25%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Belarus | 20% | Source: Tax Code of the Republic of Belarus (Special Part), Article 122 — consolidated text via pravo.by, linked from the Ministry of Taxes and Duties' official site · as of 2026-07-19 |
| Monaco | 20% | Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Belarus and Monaco both post a VAT rate of 20%. The 181-country average is 15%: both sit above it. Belarus's figure is dated 2026-07-19 and Monaco's 2023-03-07, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Belarus | 13% | Source: Republic of Belarus — Tax Code (Special Part), Ministry of Finance consolidated text (Art. 160: tax base for income from securities transactions; Art. 173: personal income tax rates) · as of 2026-07-19 |
| Monaco | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Monaco · as of 2025-10-01 |
| Difference | +13 pp | Belarus higher |
Between the two, Belarus's capital gains tax rate (13%) tops Monaco's (0%) by 13pp. The 175-country average is 10.3%: Belarus sits above it, Monaco sits below it. Belarus's figure is dated 2026-07-19 and Monaco's 2025-10-01, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Belarus | 13% | Source: Belarus Ministry of Taxes and Duties (MNS) — Clarification on the taxation of individuals' income from token transactions · as of 2025-08-26 |
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13 |
| Difference | +13 pp | Belarus higher |
Between the two, Belarus's crypto tax rate (13%) tops Monaco's (0%) by 13pp. The 88-country average is 13%: Belarus matches the world average, Monaco sits below it. Belarus's figure is dated 2025-08-26 and Monaco's 2023-03-13, so the two rates come from different data vintages.
Not covered for both countries yet: Wealth Tax.