BE · EuropeMC · Europe

Belgium vs Monaco: tax rates compared

Belgium's income tax rate is 52.7pp higher than Monaco's (52.7% vs 0%). The 200-country average is 28%: Belgium sits above it, Monaco sits below it. Belgium's figure is dated 2025-01-01 and Monaco's 2023-03-13, so the two rates come from different data vintages.

Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income0%52.7%Corporate25%VAT20%21%Capital Gains0%10%Crypto0%10%Wealth Tax0%
six shared taxes, side by side
Tax BE MCDifference
Income Tax52.7%0%BE +52.7 pplargest gap
Corporate Tax25%25%match
VAT21%20%BE +1 pp
Capital Gains Tax10%0%BE +10 pp
Crypto Tax10%0%BE +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Belgium52.7%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Monaco0%Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13
Difference+52.7 ppBelgium higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belgium25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Monaco25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Belgium's corporate tax rate is identical to Monaco's — both sit at 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Belgium21%Source: PWC Worldwide Tax Summaries — Belgium (Corporate, Other taxes) · as of 2026-02-13
Monaco20%Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07
Difference+1 ppBelgium higher

Belgium's VAT rate is 1pp higher than Monaco's (21% vs 20%). The 181-country average is 15%: both sit above it. Belgium's figure is dated 2026-02-13 and Monaco's 2023-03-07, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Belgium10%Source: KPMG TaxNewsFlash — Belgium: New capital gains tax approved by Parliament · as of 2026-01-01
Monaco0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Monaco · as of 2025-10-01
Difference+10 ppBelgium higher

Belgium's capital gains tax rate is 10pp higher than Monaco's (10% vs 0%). The 175-country average is 10.3%: both sit below it. Belgium's figure is dated 2026-01-01 and Monaco's 2025-10-01, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Belgium10%Source: PwC Belgium — Belgium's comprehensive capital gains tax changes: key updates and implications starting January 2026 · as of 2025-12-19
Monaco0%Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13
Difference+10 ppBelgium higher

Belgium's crypto tax rate is 10pp higher than Monaco's (10% vs 0%). The 88-country average is 13%: both sit below it. Belgium's figure is dated 2025-12-19 and Monaco's 2023-03-13, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Belgium0%Source: PWC Worldwide Tax Summaries — Belgium (Individual, Other taxes) · as of 2026-02-13
Monaco0%Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2026-07-18
Difference0 ppdisplayed rates match

Belgium's wealth tax rate is identical to Monaco's — both sit at 0%. The 193-country average is 0.1%: both sit below it.