MC · EuropePS · Asia
Monaco vs Palestine: tax rates compared
Palestine's income tax rate is 15pp higher than Monaco's (15% vs 0%). The 200-country average is 28%: both sit below it. Monaco's figure is dated 2023-03-13 and Palestine's 2026-02-09, so the two rates come from different data vintages.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | MC | PS | Difference |
|---|---|---|---|
| Income Tax | 0% | 15% | PS +15 pplargest gap |
| Corporate Tax | 25% | 15% | MC +10 pp |
| VAT | 20% | 16% | MC +4 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 |
| Palestine | 15% | Source: PWC Worldwide Tax Summaries — Palestinian territories (Individual, Taxes on personal income) · as of 2026-02-09 |
| Difference | −15 pp | Palestine higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Palestine | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +10 pp | Monaco higher |
Monaco's corporate tax rate is 10pp higher than Palestine's (25% vs 15%). The 201-country average is 22.6%: Monaco sits above it, Palestine sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Monaco | 20% | Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07 |
| Palestine | 16% | Source: PWC Worldwide Tax Summaries — Palestinian territories (Corporate, Other taxes) · as of 2026-02-09 |
| Difference | +4 pp | Monaco higher |
Monaco's VAT rate is 4pp higher than Palestine's (20% vs 16%). The 181-country average is 15%: both sit above it. Monaco's figure is dated 2023-03-07 and Palestine's 2026-02-09, 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 |
| Palestine | 0% | Source: PWC Worldwide Tax Summaries — Palestinian Territories (Individual, Other taxes) · as of 2026-02-09 |
| Difference | 0 pp | displayed rates match |
Monaco's wealth tax rate is identical to Palestine's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.