MC · EuropeSK · Europe

Monaco vs Slovakia: tax rates compared

Between the two, Slovakia's income tax rate (25%) tops Monaco's (0%) by 25pp. The 200-country average is 28%: both sit below it. Monaco's figure is dated 2023-03-13 and Slovakia's 2025-01-01, 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

0102030405060Income0%25%Corporate24%25%VAT20%23%Capital Gains0%Crypto0%35%Wealth Tax0%
six shared taxes, side by side
Tax MC SKDifference
Income Tax0%25%SK +25 pp
Corporate Tax25%24%MC +1 pp
VAT20%23%SK +3 pp
Capital Gains Tax0%0%match
Crypto Tax0%35%SK +35 pplargest gap
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
Slovakia25%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−25 ppSlovakia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Monaco25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Slovakia24%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+1 ppMonaco higher

Between the two, Monaco's corporate tax rate (25%) tops Slovakia's (24%) by 1pp. 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
Slovakia23%Source: Finančná správa Slovenskej republiky — Sadzby dane (VAT rates) · as of 2025-01-01
Difference−3 ppSlovakia higher

Between the two, Slovakia's VAT rate (23%) tops Monaco's (20%) by 3pp. The 181-country average is 15%: both sit above it. Monaco's figure is dated 2023-03-07 and Slovakia's 2025-01-01, 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
Slovakia0%Source: PWC Worldwide Tax Summaries — Slovak Republic (Individual, Income determination) · as of 2026-01-20
Difference0 ppdisplayed rates match

There's no gap here — Monaco and Slovakia both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it. Monaco's figure is dated 2025-10-01 and Slovakia's 2026-01-20, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Monaco0%Source: Monaco Public Service Portal (monservicepublic.gouv.mc) — Tax in Monaco · as of 2023-03-13
Slovakia35%Source: Slov-Lex — Zákon č. 595/2003 Z. z. o dani z príjmov (znenie účinné od 1.1.2026), §2, §4, §8, §9 a §15 · as of 2026-01-01
Difference−35 ppSlovakia higher

Between the two, Slovakia's crypto tax rate (35%) tops Monaco's (0%) by 35pp. The 88-country average is 13%: Monaco sits below it, Slovakia sits above it. Monaco's figure is dated 2023-03-13 and Slovakia's 2026-01-01, 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
Slovakia0%Source: PWC Worldwide Tax Summaries — Slovak Republic (Individual, Other taxes) · as of 2026-01-20
Difference0 ppdisplayed rates match

There's no gap here — Monaco and Slovakia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.