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Belize vs Montenegro: tax rates compared

Belize's income tax rate is 10pp higher than Montenegro's (25% vs 15%). The 200-country average is 28%: both sit below it. Belize's figure is dated 2025-01-01 and Montenegro's 2026-03-27, 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

0102030405060Income15%25%Corporate0%15%VAT12.5%21%Capital Gains0%15%Wealth Tax0%
five shared taxes, side by side
Tax BZ MEDifference
Income Tax25%15%BZ +10 pp
Corporate Tax0%15%ME +15 pplargest gap
VAT12.5%21%ME +8.5 pp
Capital Gains Tax0%15%ME +15 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Belize25%Source: Belize Income and Business Tax (Amendment) Act, 2024 (No. 40 of 2024) · as of 2025-01-01
Montenegro15%Source: PWC Worldwide Tax Summaries — Montenegro (Individual, Taxes on personal income) · as of 2026-03-27
Difference+10 ppBelize higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belize0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Montenegro15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−15 ppMontenegro higher

Montenegro's corporate tax rate is 15pp higher than Belize's (15% vs 0%). The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Belize12.5%Source: Belize Tax Service — General Sales Tax Act (Chapter 63, Revised Edition 2011) · as of 2011-12-31
Montenegro21%Source: PWC Worldwide Tax Summaries — Montenegro (Corporate, Other taxes) · as of 2026-03-27
Difference−8.5 ppMontenegro higher

Montenegro's VAT rate is 8.5pp higher than Belize's (21% vs 12.5%). The 181-country average is 15%: Belize sits below it, Montenegro sits above it. Belize's figure is dated 2011-12-31 and Montenegro's 2026-03-27, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Belize0%Source: Belize Income and Business Tax Act (Chapter 55, Revised Edition 2020) · as of 2020-12-31
Montenegro15%Source: PwC Worldwide Tax Summaries — Montenegro (Individual, Income determination) · as of 2026-03-27
Difference−15 ppMontenegro higher

Montenegro's capital gains tax rate is 15pp higher than Belize's (15% vs 0%). The 175-country average is 10.3%: Belize sits below it, Montenegro sits above it. Belize's figure is dated 2020-12-31 and Montenegro's 2026-03-27, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Belize0%Source: Belize Income and Business Tax Act, Chapter 55 (Government of Belize, Attorney General's Ministry) · as of 2026-07-18
Montenegro0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-27
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.