MC · EuropeTO · Oceania

Monaco vs Tonga: tax rates compared

Between the two, Tonga'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 Tonga's 2021-07-01, 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

0102030405060Income0%25%Corporate25%VAT15%20%Wealth Tax0%
four shared taxes, side by side
Tax MC TODifference
Income Tax0%25%TO +25 pplargest gap
Corporate Tax25%25%match
VAT20%15%MC +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
Tonga25%Source: Ministry of Revenue & Customs, Government of Tonga — Individual Employee · as of 2021-07-01
Difference−25 ppTonga higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Monaco25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Tonga25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

There's no gap here — Monaco and Tonga both post a corporate tax rate of 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
Tonga15%Source: Consumption Tax Act (CAP 26.02, 2016 Revised Edition), Kingdom of Tonga · as of 2010-11-24
Difference+5 ppMonaco higher

Between the two, Monaco's VAT rate (20%) tops Tonga's (15%) by 5pp. The 181-country average is 15%: Monaco sits above it, Tonga matches the world average. Monaco's figure is dated 2023-03-07 and Tonga's 2010-11-24, 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
Tonga0%Source: Tonga Ministry of Revenue & Customs — Tax Legislations (official index) · as of 2026-07-18
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.