BF · AfricaMC · Europe

Burkina Faso vs Monaco: tax rates compared

Burkina Faso has an income tax rate of 25%, 25pp above Monaco's 0%. The 200-country average is 28%: both sit below it.

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

0102030405060Income0%25%Corporate25%27.5%VAT18%20%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax BF MCDifference
Income Tax25%0%BF +25 pplargest gap
Corporate Tax27.5%25%BF +2.5 pp
VAT18%20%MC +2 pp
Capital Gains Tax10%0%BF +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Burkina Faso25%Source: Direction Générale des Impôts (DGI), Burkina Faso — Code Général des Impôts 2023 · as of 2023-01-01
Monaco0%Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13
Difference+25 ppBurkina Faso higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Burkina Faso27.5%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
Difference+2.5 ppBurkina Faso higher

Burkina Faso has a corporate tax rate of 27.5%, 2.5pp above Monaco's 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Burkina Faso18%Source: Direction Générale des Impôts (DGI), Burkina Faso — Code Général des Impôts · as of 2023-01-01
Monaco20%Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07
Difference−2 ppMonaco higher

Monaco has a VAT rate of 20%, 2pp above Burkina Faso's 18%. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Burkina Faso10%Source: Direction Générale des Impôts (DGI), Burkina Faso — Code Général des Impôts 2023 · as of 2023-01-01
Monaco0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Monaco · as of 2025-10-01
Difference+10 ppBurkina Faso higher

Burkina Faso has a capital gains tax rate of 10%, 10pp above Monaco's 0%. The 175-country average is 10.3%: both sit below it. Burkina Faso's figure is dated 2023-01-01 and Monaco's 2025-10-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Burkina Faso0%Source: ATAF — "Burkina Faso evaluates wealth tax options through ATAF Engagement" · as of 2026-03-15
Monaco0%Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2026-07-18
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.