CV · AfricaMC · Europe
Cape Verde vs Monaco: tax rates compared
Between the two, Cape Verde's income tax rate (27.5%) tops Monaco's (0%) by 27.5pp. The 200-country average is 28%: both sit below it. Cape Verde's figure is dated 2026-05-29 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 | CV | MC | Difference |
|---|---|---|---|
| Income Tax | 27.5% | 0% | CV +27.5 pplargest gap |
| Corporate Tax | 21.4% | 25% | MC +3.6 pp |
| VAT | 15% | 20% | MC +5 pp |
| Capital Gains Tax | 1% | 0% | CV +1 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 27.5% | Source: PWC Worldwide Tax Summaries — Cabo Verde (Individual, Taxes on personal income) · as of 2026-05-29 |
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13 |
| Difference | +27.5 pp | Cape Verde higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 21.4% | 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 | −3.6 pp | Monaco higher |
Between the two, Monaco's corporate tax rate (25%) tops Cape Verde's (21.4%) by 3.6pp. The 201-country average is 22.6%: Cape Verde sits below it, Monaco sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 15% | Source: PWC Worldwide Tax Summaries — Cabo Verde (Corporate, Other taxes) · as of 2026-05-29 |
| Monaco | 20% | Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07 |
| Difference | −5 pp | Monaco higher |
Between the two, Monaco's VAT rate (20%) tops Cape Verde's (15%) by 5pp. The 181-country average is 15%: Cape Verde matches the world average, Monaco sits above it. Cape Verde's figure is dated 2026-05-29 and Monaco's 2023-03-07, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 1% | Source: PWC Worldwide Tax Summaries — Cabo Verde (Individual, Income determination) · as of 2026-05-29 |
| Monaco | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Monaco · as of 2025-10-01 |
| Difference | +1 pp | Cape Verde higher |
Between the two, Cape Verde's capital gains tax rate (1%) tops Monaco's (0%) by 1pp. The 175-country average is 10.3%: both sit below it. Cape Verde's figure is dated 2026-05-29 and Monaco's 2025-10-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 0% | Source: PWC Worldwide Tax Summaries — Cabo Verde (Individual, Other taxes) · 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 — Cape Verde 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.