BT · AsiaME · Europe

Bhutan vs Montenegro: tax rates compared

Bhutan has an income tax rate of 30%, 15pp above Montenegro's 15%. The 200-country average is 28%: Bhutan sits above it, Montenegro sits below it.

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

At a glance

0102030405060Income15%30%Corporate15%25%VAT5%21%Wealth Tax0%
four shared taxes, side by side
Tax BT MEDifference
Income Tax30%15%BT +15 pp
Corporate Tax25%15%BT +10 pp
VAT5%21%ME +16 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Bhutan30%Source: Bhutan Department of Revenue and Customs, Ministry of Finance — Personal Income Tax (PIT) · as of 2026-07-20
Montenegro15%Source: PWC Worldwide Tax Summaries — Montenegro (Individual, Taxes on personal income) · as of 2026-03-27
Difference+15 ppBhutan higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Bhutan25%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+10 ppBhutan higher

Bhutan has a corporate tax rate of 25%, 10pp above Montenegro's 15%. The 201-country average is 22.6%: Bhutan sits above it, Montenegro sits below it.

VAT

VAT, side by side
CountryRateSource
Bhutan5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Bhutan · as of 2026-01-01
Montenegro21%Source: PWC Worldwide Tax Summaries — Montenegro (Corporate, Other taxes) · as of 2026-03-27
Difference−16 ppMontenegro higher

Montenegro has a VAT rate of 21%, 16pp above Bhutan's 5%. The 181-country average is 15%: Bhutan sits below it, Montenegro sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Bhutan0%Source: Bhutan Department of Revenue and Customs, Ministry of Finance · 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

Bhutan and Montenegro share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.