LU · EuropeME · Europe

Luxembourg vs Montenegro: tax rates compared

Luxembourg's income tax rate is 30.8pp higher than Montenegro's (45.8% vs 15%). The 200-country average is 28%: Luxembourg sits above it, Montenegro sits below it. Luxembourg'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%45.8%Corporate15%23.9%VAT17%21%Capital Gains0%15%Wealth Tax0%
five shared taxes, side by side
Tax LU MEDifference
Income Tax45.8%15%LU +30.8 pplargest gap
Corporate Tax23.9%15%LU +8.9 pp
VAT17%21%ME +4 pp
Capital Gains Tax0%15%ME +15 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Luxembourg45.8%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+30.8 ppLuxembourg higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Luxembourg23.9%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+8.9 ppLuxembourg higher

Luxembourg's corporate tax rate is 8.9pp higher than Montenegro's (23.9% vs 15%). The 201-country average is 22.6%: Luxembourg sits above it, Montenegro sits below it.

VAT

VAT, side by side
CountryRateSource
Luxembourg17%Source: PWC Worldwide Tax Summaries — Luxembourg (Corporate, Other taxes) · as of 2026-01-13
Montenegro21%Source: PWC Worldwide Tax Summaries — Montenegro (Corporate, Other taxes) · as of 2026-03-27
Difference−4 ppMontenegro higher

Montenegro's VAT rate is 4pp higher than Luxembourg's (21% vs 17%). The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Income determination) · as of 2026-01-13
Montenegro15%Source: PwC Worldwide Tax Summaries — Montenegro (Individual, Income determination) · as of 2026-03-27
Difference−15 ppMontenegro higher

Montenegro's capital gains tax rate is 15pp higher than Luxembourg's (15% vs 0%). The 175-country average is 10.3%: Luxembourg sits below it, Montenegro sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Other taxes) · as of 2026-01-13
Montenegro0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-27
Difference0 ppdisplayed rates match

Luxembourg'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.