Bangladesh vs Monaco
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ง๐ฉ Bangladesh โ Local Government & Municipal Taxes
Bangladesh's 8 divisions, 64 districts, and 492 upazilas have limited tax powers. City corporations (like Dhaka, Chittagong) levy holding tax (property tax) on buildings at rates set by each corporation. Union Parishads collect land development taxes. The National Board of Revenue (NBR) administers income, VAT, and customs nationally. The garment sector (RMG) is a dominant export industry with special fiscal treatment. Bangladesh graduated from LDC status in 2026 with implications for trade preferences and tax policy.
๐ฒ๐จ Monaco โ No Sub-National Tax Variation
Monaco is a city-state with no sub-national taxation. Monaco has no personal income tax for residents (with limited exception for French nationals under a bilateral treaty). Corporate tax at 33.33% applies only to companies deriving more than 25% of revenue from outside Monaco. This principality between France and Italy is the world's most famous tax haven โ with the world's highest per-capita millionaires. VAT is aligned with the French system.
Bangladesh vs Monaco: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ง๐ฉ Bangladesh has a higher top income tax rate (0โ30% vs 0%). ๐ฒ๐จ Monaco is more favourable for high earners.
๐ VAT/Sales Tax: Monaco has a higher consumption tax (15% vs 20%).
๐ข Corporate Tax: ๐ฒ๐จ Monaco offers a lower corporate rate (33.33% vs 45%), which can influence business location decisions.
๐ Capital Gains: ๐ฒ๐จ Monaco taxes investment gains at a lower rate (0% vs 15%), benefiting investors.