IE · EuropeMC · Europe
Ireland vs Monaco: tax rates compared
Ireland has an income tax rate of 48%, 48pp above Monaco's 0%. The 200-country average is 28%: Ireland sits above it, Monaco sits below it. Ireland's figure is dated 2025-01-01 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 | IE | MC | Difference |
|---|---|---|---|
| Income Tax | 48% | 0% | IE +48 pplargest gap |
| Corporate Tax | 12.5% | 25% | MC +12.5 pp |
| VAT | 23% | 20% | IE +3 pp |
| Capital Gains Tax | 33% | 0% | IE +33 pp |
| Crypto Tax | 33% | 0% | IE +33 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Ireland | 48% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13 |
| Difference | +48 pp | Ireland higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Ireland | 12.5% | 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 | −12.5 pp | Monaco higher |
Monaco has a corporate tax rate of 25%, 12.5pp above Ireland's 12.5%. The 201-country average is 22.6%: Ireland sits below it, Monaco sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Ireland | 23% | Source: PWC Worldwide Tax Summaries — Ireland (Corporate, Other taxes) · as of 2026-03-06 |
| Monaco | 20% | Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07 |
| Difference | +3 pp | Ireland higher |
Ireland has a VAT rate of 23%, 3pp above Monaco's 20%. The 181-country average is 15%: both sit above it. Ireland's figure is dated 2026-03-06 and Monaco's 2023-03-07, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Ireland | 33% | Source: PWC Worldwide Tax Summaries — Ireland (Individual, Income determination) · as of 2026-03-06 |
| Monaco | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Monaco · as of 2025-10-01 |
| Difference | +33 pp | Ireland higher |
Ireland has a capital gains tax rate of 33%, 33pp above Monaco's 0%. The 175-country average is 10.3%: Ireland sits above it, Monaco sits below it. Ireland's figure is dated 2026-03-06 and Monaco's 2025-10-01, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Ireland | 33% | Source: Irish Revenue — Tax and Duty Manual Part 02-01-03: Taxation of Crypto-Asset Transactions · as of 2026-01-01 |
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13 |
| Difference | +33 pp | Ireland higher |
Ireland has a crypto tax rate of 33%, 33pp above Monaco's 0%. The 88-country average is 13%: Ireland sits above it, Monaco sits below it. Ireland's figure is dated 2026-01-01 and Monaco's 2023-03-13, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Ireland | 0% | Source: PWC Worldwide Tax Summaries — Ireland (Individual, Other taxes) · as of 2026-03-06 |
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Ireland and Monaco share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.