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Mali vs Monaco
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

πŸ‡²πŸ‡± Mali
vs
πŸ‡²πŸ‡¨ Monaco
Tax Year:

πŸ’° Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country β€” side by side.

Enter your annual income above to see your personal tax comparison β†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0–40%
40% top; political transition ongoing
No change
0%
No personal income tax maintained
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
18%
18% TVA maintained
No change
20%
French VAT: 20% standard
No change
Corporate Tax Rate
Corporate Tax Rate
30%
30%; mining fiscal reform expected
No change
33.33%
33.33% qualifying profits; Pillar Two top-up for MNCs
No change
Capital Gains Tax
Capital Gains Tax
30%
30% as income
No change
0%
No CGT for residents
No change
Social Security & Payroll
Social Security / Payroll
~26.6%
INPS reform; social protection very limited
No change
~30%
Social contributions stable; high living standards
No change
State, Regional & Local Taxes

πŸ‡²πŸ‡± Mali β€” Regional & Cercle Taxes

Mali's 21 regions and cercles (districts) levy local taxes including Taxe de RΓ©sidence, property taxes, and business licence fees. Mali has been in severe political turmoil β€” military coups in 2020 and 2021, French military withdrawal, Russian PMC Wagner Group forces, and suspension from ECOWAS. Gold is the dominant export. The fiscal situation is extremely challenging with significant informal economy and conflict disruption, particularly in northern regions where terrorist groups control territory and tax trade routes informally.

πŸ‡²πŸ‡¨ Monaco β€” 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 β€” with the world's highest per-capita millionaires. VAT is aligned with the French system.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Mali vs Monaco: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡²πŸ‡± Mali has a higher top income tax rate (0–40% vs 0%). πŸ‡²πŸ‡¨ Monaco is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Monaco has a higher consumption tax (18% vs 20%).

🏒 Corporate Tax: πŸ‡²πŸ‡± Mali offers a lower corporate rate (30% vs 33.33%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡²πŸ‡¨ Monaco taxes investment gains at a lower rate (0% vs 30%), benefiting investors.

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