Thailand vs Monaco
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇹🇭 Thailand — Municipal & Local Organization Taxes
Thailand's 77 provinces contain various Local Administrative Organizations (LAOs) — municipalities, sub-district organizations (TAO), and special areas (Bangkok, Pattaya). LAOs levy Local Development Tax (LDT) on land at low rates (0.01%–0.5% of assessed value). The Land and Building Tax (LBT) implemented in 2020 applies at 0.01%–3% based on use type. Bangkok has the highest real estate values. The Revenue Department administers national taxes centrally.
🇲🇨 Monaco — 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 — with the world's highest per-capita millionaires. VAT is aligned with the French system.
Thailand vs Monaco: Key Tax Differences (2026)
💰 Income Tax: 🇹🇭 Thailand has a higher top income tax rate (0–35% vs 0%). 🇲🇨 Monaco is more favourable for high earners.
🛒 VAT/Sales Tax: Monaco has a higher consumption tax (7% vs 20%).
🏢 Corporate Tax: 🇹🇭 Thailand offers a lower corporate rate (20% vs 33.33%), which can influence business location decisions.
📈 Capital Gains: 🇲🇨 Monaco taxes investment gains at a lower rate (0% vs 35%), benefiting investors.