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Monaco vs Guatemala
Tax Rate Comparison

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

🇲🇨 Monaco
vs
🇬🇹 Guatemala
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
0%
No personal income tax maintained
No change
5–7%
Rates stable; revenue mobilization challenge
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
20%
French VAT: 20% standard
No change
12%
12% IVA maintained
No change

Corporate Tax Rate

Corporate Tax Rate
33.33%
33.33% qualifying profits; Pillar Two top-up for MNCs
No change
25–28%
25–28%; reform discussions
No change

Capital Gains Tax

Capital Gains Tax
0%
No CGT for residents
No change
10%
10% maintained
No change

Social Security & Payroll

Social Security / Payroll
~30%
Social contributions stable; high living standards
No change
~15.67%
IGSS; expanding coverage priority
No change
State, Regional & Local Taxes

🇲🇨 MonacoNo 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 — with the world's highest per-capita millionaires. VAT is aligned with the French system.

🇬🇹 GuatemalaMunicipal Taxes

Guatemala's 340 municipalities levy the Impuesto Único sobre Inmuebles (IUSI — property tax at 0.9% of assessed value above GTQ 2,000), business licences (boleto de ornato), and vehicle stickers. Guatemala City municipality has the highest rates. The Superintendencia de Administración Tributaria (SAT) administers national taxes. Guatemala has among the lowest tax-to-GDP ratios in Latin America (~11–13%), reflecting significant informality and tax avoidance. Tax collection has been a persistent challenge.

⚠️ 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.

Monaco vs Guatemala: Key Tax Differences (2026)

💰 Income Tax: 🇬🇹 Guatemala has a higher top income tax rate (0% vs 5–7%). 🇲🇨 Monaco is more favourable for high earners.

🛒 VAT/Sales Tax: Monaco has a higher consumption tax (20% vs 12%).

🏢 Corporate Tax: 🇬🇹 Guatemala offers a lower corporate rate (28% vs 33.33%), which can influence business location decisions.

📈 Capital Gains: 🇲🇨 Monaco taxes investment gains at a lower rate (0% vs 10%), benefiting investors.

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All 🇲🇨 Monaco comparisons →All 🇬🇹 Guatemala comparisons →