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British Virgin Islands vs Monaco: tax rates compared
There's no gap here — British Virgin Islands and Monaco both post an income tax rate of 0%. The 200-country average is 28%: both sit below it. British Virgin Islands's figure is dated 2026-07-20 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
| Tax | VG | MC | Difference |
|---|---|---|---|
| Income Tax | 0% | 0% | match |
| Corporate Tax | 0% | 25% | MC +25 pplargest gap |
| VAT | 0% | 20% | MC +20 pp |
| Capital Gains Tax | 0% | 0% | match |
| Crypto Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — All Government Services (Inland Revenue Department tax listing) · as of 2026-07-20 |
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13 |
| Difference | 0 pp | displayed rates match |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| British Virgin Islands | 0% | 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 | −25 pp | Monaco higher |
Between the two, Monaco's corporate tax rate (25%) tops British Virgin Islands's (0%) by 25pp. The 201-country average is 22.6%: British Virgin Islands sits below it, Monaco sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — Inland Revenue Department · as of 2026-07-19 |
| Monaco | 20% | Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07 |
| Difference | −20 pp | Monaco higher |
Between the two, Monaco's VAT rate (20%) tops British Virgin Islands's (0%) by 20pp. The 181-country average is 15%: British Virgin Islands sits below it, Monaco sits above it. British Virgin Islands'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 |
|---|---|---|
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — All Government Services (Inland Revenue Department tax listing) · as of 2026-07-19 |
| Monaco | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Monaco · as of 2025-10-01 |
| Difference | 0 pp | displayed rates match |
There's no gap here — British Virgin Islands and Monaco both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it. British Virgin Islands'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 |
|---|---|---|
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — All Government Services (Inland Revenue Department tax listing) · as of 2026-07-19 |
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13 |
| Difference | 0 pp | displayed rates match |
There's no gap here — British Virgin Islands and Monaco both post a crypto tax rate of 0%. The 88-country average is 13%: both sit below it. British Virgin Islands's figure is dated 2026-07-19 and Monaco's 2023-03-13, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — Inland Revenue Department services listing · as of 2026-07-18 |
| 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 — British Virgin Islands and Monaco both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.