CA · AmericasME · Europe

Canada vs Montenegro: tax rates compared

Canada's income tax rate is 38.5pp higher than Montenegro's (53.5% vs 15%). The 200-country average is 28%: Canada sits above it, Montenegro sits below it. Canada'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%53.5%Corporate15%26%VAT5%21%Capital Gains15%27.4%Wealth Tax0%
five shared taxes, side by side
Tax CA MEDifference
Income Tax53.5%15%CA +38.5 pplargest gap
Corporate Tax26%15%CA +11 pp
VAT5%21%ME +16 pp
Capital Gains Tax27.4%15%CA +12.4 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Canada53.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Montenegro15%Source: PWC Worldwide Tax Summaries — Montenegro (Individual, Taxes on personal income) · as of 2026-03-27
Difference+38.5 ppCanada higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Canada26%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+11 ppCanada higher

Canada's corporate tax rate is 11pp higher than Montenegro's (26% vs 15%). The 201-country average is 22.6%: Canada sits above it, Montenegro sits below it.

VAT

VAT, side by side
CountryRateSource
Canada5%Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12
Montenegro21%Source: PWC Worldwide Tax Summaries — Montenegro (Corporate, Other taxes) · as of 2026-03-27
Difference−16 ppMontenegro higher

Montenegro's VAT rate is 16pp higher than Canada's (21% vs 5%). The 181-country average is 15%: Canada sits below it, Montenegro sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Canada27.4%Source: PWC Worldwide Tax Summaries — Canada (Individual, Taxes on personal income) · as of 2026-06-12
Montenegro15%Source: PwC Worldwide Tax Summaries — Montenegro (Individual, Income determination) · as of 2026-03-27
Difference+12.4 ppCanada higher

Canada's capital gains tax rate is 12.4pp higher than Montenegro's (27.4% vs 15%). The 175-country average is 10.3%: both sit above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Canada0%Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12
Montenegro0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-27
Difference0 ppdisplayed rates match

Canada'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.