BW · AfricaMC · Europe
Botswana vs Monaco: tax rates compared
Between the two, Botswana's income tax rate (25%) tops Monaco's (0%) by 25pp. The 200-country average is 28%: both sit below it. Botswana's figure is dated 2026-01-09 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 | BW | MC | Difference |
|---|---|---|---|
| Income Tax | 25% | 0% | BW +25 pplargest gap |
| Corporate Tax | 22% | 25% | MC +3 pp |
| VAT | 14% | 20% | MC +6 pp |
| Capital Gains Tax | 25% | 0% | BW +25 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Botswana | 25% | Source: PWC Worldwide Tax Summaries — Botswana (Individual, Taxes on personal income) · as of 2026-01-09 |
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13 |
| Difference | +25 pp | Botswana higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Botswana | 22% | 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 | −3 pp | Monaco higher |
Between the two, Monaco's corporate tax rate (25%) tops Botswana's (22%) by 3pp. The 201-country average is 22.6%: Botswana sits below it, Monaco sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Botswana | 14% | Source: PWC Worldwide Tax Summaries — Botswana (Corporate, Other taxes) · as of 2026-01-09 |
| Monaco | 20% | Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07 |
| Difference | −6 pp | Monaco higher |
Between the two, Monaco's VAT rate (20%) tops Botswana's (14%) by 6pp. The 181-country average is 15%: Botswana sits below it, Monaco sits above it. Botswana's figure is dated 2026-01-09 and Monaco's 2023-03-07, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Botswana | 25% | Source: PWC Worldwide Tax Summaries — Botswana (Individual, Other taxes) · as of 2026-01-09 |
| Monaco | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Monaco · as of 2025-10-01 |
| Difference | +25 pp | Botswana higher |
Between the two, Botswana's capital gains tax rate (25%) tops Monaco's (0%) by 25pp. The 175-country average is 10.3%: Botswana sits above it, Monaco sits below it. Botswana's figure is dated 2026-01-09 and Monaco's 2025-10-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Botswana | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-01-09 |
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Botswana and Monaco both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.