MC · EuropePE · Americas

Monaco vs Peru: tax rates compared

Peru has an income tax rate of 30%, 30pp above Monaco's 0%. The 200-country average is 28%: Monaco sits below it, Peru sits above it. Monaco's figure is dated 2023-03-13 and Peru's 2026-07-13, 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

0102030405060Income0%30%Corporate25%29.5%VAT18%20%Capital Gains0%5%Wealth Tax0%
five shared taxes, side by side
Tax MC PEDifference
Income Tax0%30%PE +30 pplargest gap
Corporate Tax25%29.5%PE +4.5 pp
VAT20%18%MC +2 pp
Capital Gains Tax0%5%PE +5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Monaco0%Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13
Peru30%Source: PWC Worldwide Tax Summaries — Peru (Individual, Taxes on personal income) · as of 2026-07-13
Difference−30 ppPeru higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Monaco25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Peru29.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−4.5 ppPeru higher

Peru has a corporate tax rate of 29.5%, 4.5pp above Monaco's 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Monaco20%Source: Monaco government portal (MonEntreprise.gouv.mc) — VAT · as of 2023-03-07
Peru18%Source: PWC Worldwide Tax Summaries — Peru (Corporate, Other taxes) · as of 2026-07-13
Difference+2 ppMonaco higher

Monaco has a VAT rate of 20%, 2pp above Peru's 18%. The 181-country average is 15%: both sit above it. Monaco's figure is dated 2023-03-07 and Peru's 2026-07-13, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Monaco0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Monaco · as of 2025-10-01
Peru5%Source: PWC Worldwide Tax Summaries — Peru (Individual, Income determination) · as of 2026-07-13
Difference−5 ppPeru higher

Peru has a capital gains tax rate of 5%, 5pp above Monaco's 0%. The 175-country average is 10.3%: both sit below it. Monaco's figure is dated 2025-10-01 and Peru's 2026-07-13, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Monaco0%Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2026-07-18
Peru0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Peru · as of 2025-10-01
Difference0 ppdisplayed rates match

Monaco and Peru share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Monaco's figure is dated 2026-07-18 and Peru's 2025-10-01, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.