ME · EuropeZW · Africa

Montenegro vs Zimbabwe: tax rates compared

Zimbabwe's income tax rate is 25pp higher than Montenegro's (40% vs 15%). The 200-country average is 28%: Montenegro sits below it, Zimbabwe sits above it. Montenegro's figure is dated 2026-03-27 and Zimbabwe's 2025-01-01, 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

0102030405060Income15%40%Corporate15%25.8%VAT15.5%21%Capital Gains1%15%Wealth Tax0%
five shared taxes, side by side
Tax ME ZWDifference
Income Tax15%40%ZW +25 pplargest gap
Corporate Tax15%25.8%ZW +10.8 pp
VAT21%15.5%ME +5.5 pp
Capital Gains Tax15%1%ME +14 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Montenegro15%Source: PWC Worldwide Tax Summaries — Montenegro (Individual, Taxes on personal income) · as of 2026-03-27
Zimbabwe40%Source: Zimbabwe Revenue Authority (ZIMRA) — PAYE Foreign Currency (USD) Tax Tables, January-December 2025 · as of 2025-01-01
Difference−25 ppZimbabwe higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Montenegro15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Zimbabwe25.8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−10.8 ppZimbabwe higher

Zimbabwe's corporate tax rate is 10.8pp higher than Montenegro's (25.8% vs 15%). The 201-country average is 22.6%: Montenegro sits below it, Zimbabwe sits above it.

VAT

VAT, side by side
CountryRateSource
Montenegro21%Source: PWC Worldwide Tax Summaries — Montenegro (Corporate, Other taxes) · as of 2026-03-27
Zimbabwe15.5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Zimbabwe · as of 2026-01-01
Difference+5.5 ppMontenegro higher

Montenegro's VAT rate is 5.5pp higher than Zimbabwe's (21% vs 15.5%). The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Montenegro15%Source: PwC Worldwide Tax Summaries — Montenegro (Individual, Income determination) · as of 2026-03-27
Zimbabwe1%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Zimbabwe · as of 2025-01-01
Difference+14 ppMontenegro higher

Montenegro's capital gains tax rate is 14pp higher than Zimbabwe's (15% vs 1%). The 175-country average is 10.3%: Montenegro sits above it, Zimbabwe sits below it. Montenegro's figure is dated 2026-03-27 and Zimbabwe's 2025-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Montenegro0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-27
Zimbabwe0%Source: ZIMRA (Zimbabwe Revenue Authority) · as of 2026-07-18
Difference0 ppdisplayed rates match

Montenegro's wealth tax rate is identical to Zimbabwe's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.