MC · EuropeRU · Europe
Monaco vs Russia: tax rates compared
Between the two, Russia's income tax rate (22%) tops Monaco's (0%) by 22pp. The 200-country average is 28%: both sit below it. Monaco's figure is dated 2023-03-13 and Russia's 2026-07-04, so the two rates come from different data vintages.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | MC | RU | Difference |
|---|---|---|---|
| Income Tax | 0% | 22% | RU +22 pplargest gap |
| Corporate Tax | 25% | 25% | match |
| VAT | 20% | 22% | RU +2 pp |
| Capital Gains Tax | 0% | 15% | RU +15 pp |
| Crypto Tax | 0% | 15% | RU +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 |
| Russia | 22% | Source: KonsultantPlus — Tax Code of the Russian Federation (Part Two), Article 224, Tax Rates · as of 2026-07-04 |
| Difference | −22 pp | Russia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Russia | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Monaco and Russia both post a corporate tax rate of 25%. 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 |
| Russia | 22% | Source: Federal Tax Service of Russia (FNS) — VAT rate transition guidance · as of 2026-01-01 |
| Difference | −2 pp | Russia higher |
Between the two, Russia's VAT rate (22%) tops Monaco's (20%) by 2pp. The 181-country average is 15%: both sit above it. Monaco's figure is dated 2023-03-07 and Russia's 2026-01-01, 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 |
| Russia | 15% | Source: KonsultantPlus — Tax Code of the Russian Federation (Part Two), Article 224, Tax Rates · as of 2026-07-04 |
| Difference | −15 pp | Russia higher |
Between the two, Russia's capital gains tax rate (15%) tops Monaco's (0%) by 15pp. The 175-country average is 10.3%: Monaco sits below it, Russia sits above it. Monaco's figure is dated 2025-10-01 and Russia's 2026-07-04, 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 |
| Russia | 15% | Source: Налоговый кодекс РФ, часть вторая — Глава 23 (Налог на доходы физических лиц), Статьи 210 и 224 · as of 2026-01-01 |
| Difference | −15 pp | Russia higher |
Between the two, Russia's crypto tax rate (15%) tops Monaco's (0%) by 15pp. The 88-country average is 13%: Monaco sits below it, Russia sits above it. Monaco's figure is dated 2023-03-13 and Russia's 2026-01-01, 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 |
| Russia | 0% | Source: Tax Code of the Russian Federation, Part Two (official consolidated text via KonsultantPlus legal reference database) · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Monaco and Russia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.