MC · EuropeTG · Africa
Monaco vs Togo: tax rates compared
Togo has an income tax rate of 35%, 35pp above Monaco's 0%. The 200-country average is 28%: Monaco sits below it, Togo sits above it. Monaco's figure is dated 2023-03-13 and Togo's 2025-04-23, 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 | TG | Difference |
|---|---|---|---|
| Income Tax | 0% | 35% | TG +35 pplargest gap |
| Corporate Tax | 25% | 27% | TG +2 pp |
| VAT | 20% | 18% | MC +2 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 |
| Togo | 35% | Source: Office Togolais des Recettes — Code Général des Impôts et Livre des Procédures Fiscales (mis à jour 2025), Art. 74 · as of 2025-04-23 |
| Difference | −35 pp | Togo higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Monaco | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Togo | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −2 pp | Togo higher |
Togo has a corporate tax rate of 27%, 2pp above Monaco's 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 |
| Togo | 18% | Source: Office Togolais des Recettes (OTR) — La Taxe sur la Valeur Ajoutée (TVA) · as of 2020-01-01 |
| Difference | +2 pp | Monaco higher |
Monaco has a VAT rate of 20%, 2pp above Togo's 18%. The 181-country average is 15%: both sit above it. Monaco's figure is dated 2023-03-07 and Togo's 2020-01-01, 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 |
| Togo | 0% | Source: Investir au Togo (Togo government investment promotion portal) — Fiscalité · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Monaco and Togo share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.