MC · EuropePW · Oceania
Monaco vs Palau: tax rates compared
Palau's income tax rate is 12pp higher than Monaco's (12% vs 0%). The 200-country average is 28%: both sit below it. Monaco's figure is dated 2023-03-13 and Palau's 2026-07-20, 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 | PW | Difference |
|---|---|---|---|
| Income Tax | 0% | 12% | PW +12 pplargest gap |
| VAT | 20% | 10% | MC +10 pp |
| Capital Gains Tax | 0% | 0% | match |
| Crypto Tax | 0% | 0% | match |
| 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 |
| Palau | 12% | Source: Government of Palau — Bureau of Revenue and Taxation, Wages and Salary Tax · as of 2026-07-20 |
| Difference | −12 pp | Palau higher |
VAT
| Country | Rate | Source |
|---|---|---|
| Monaco | 20% | Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07 |
| Palau | 10% | Source: Palau Bureau of Revenue & Taxation — Palau Goods and Services Tax (PGST) · as of 2023-01-01 |
| Difference | +10 pp | Monaco higher |
Monaco's VAT rate is 10pp higher than Palau's (20% vs 10%). The 181-country average is 15%: Monaco sits above it, Palau sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Monaco · as of 2025-10-01 |
| Palau | 0% | Source: Government of Palau — Ministry of Finance, Bureau of Revenue and Taxation · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
Monaco's capital gains tax rate is identical to Palau's — both sit at 0%. The 175-country average is 10.3%: both sit below it. Monaco's figure is dated 2025-10-01 and Palau's 2026-07-19, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 0% | Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13 |
| Palau | 0% | Source: Government of Palau — Ministry of Finance, Bureau of Revenue and Taxation · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
Monaco's crypto tax rate is identical to Palau's — both sit at 0%. The 88-country average is 13%: both sit below it. Monaco's figure is dated 2023-03-13 and Palau's 2026-07-19, 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 |
| Palau | 0% | Source: Palau National Code, Title 40 (Revenue and Taxation) — official text · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Monaco's wealth tax rate is identical to Palau's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Corporate Tax.