MC · EuropeMA · Africa
Monaco vs Morocco: tax rates compared
Between the two, Morocco's income tax rate (37%) tops Monaco's (0%) by 37pp. The 200-country average is 28%: Monaco sits below it, Morocco sits above it. Monaco's figure is dated 2023-03-13 and Morocco's 2026-04-30, 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 | MC | MA | Difference |
|---|---|---|---|
| Income Tax | 0% | 37% | MA +37 pplargest gap |
| Corporate Tax | 25% | 34% | MA +9 pp |
| VAT | 20% | 20% | match |
| Capital Gains Tax | 0% | 15% | MA +15 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13 |
| Morocco | 37% | Source: PWC Worldwide Tax Summaries — Morocco (Individual, Taxes on personal income) · as of 2026-04-30 |
| Difference | −37 pp | Morocco higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Morocco | 34% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −9 pp | Morocco higher |
Between the two, Morocco's corporate tax rate (34%) tops Monaco's (25%) by 9pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Monaco | 20% | Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07 |
| Morocco | 20% | Source: PWC Worldwide Tax Summaries — Morocco (Corporate, Other taxes) · as of 2026-04-30 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Monaco and Morocco both post a VAT rate of 20%. The 181-country average is 15%: both sit above it. Monaco's figure is dated 2023-03-07 and Morocco's 2026-04-30, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Monaco · as of 2025-10-01 |
| Morocco | 15% | Source: PWC Worldwide Tax Summaries — Morocco (Individual, Income determination) · as of 2026-04-30 |
| Difference | −15 pp | Morocco higher |
Between the two, Morocco's capital gains tax rate (15%) tops Monaco's (0%) by 15pp. The 175-country average is 10.3%: Monaco sits below it, Morocco sits above it. Monaco's figure is dated 2025-10-01 and Morocco's 2026-04-30, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2026-07-18 |
| Morocco | 0% | Source: PWC Worldwide Tax Summaries — Morocco (Individual, Other taxes) · as of 2026-04-30 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Monaco and Morocco 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.