Corporate income tax (CIT) - statutory and targeted small business in Monaco
Monaco: Corporate income tax (CIT) - statutory and targeted small business was 25 Percentage of taxable income in 2026. ▼ Falling
Corporate income tax (CIT) - statutory and targeted small business in Monaco, 2000–2026
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
The most recent figure for corporate income tax (cit) - statutory and targeted small business in Monaco is 25 Percentage of taxable income, measured in 2026. That is the lowest value across all 27 years on record.
The figure is down 25.0% over ten years.
Over the whole period, corporate income tax (cit) - statutory and targeted small business in Monaco peaked at 33.33 Percentage of taxable income in 2000 and was at its lowest, 25 Percentage of taxable income, in 2022.
Monaco ranks 44th of 128 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 27 years of available data.
Corporate income tax (CIT) - statutory and targeted small business in Monaco, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2000 | 33.33 Percentage of taxable income | — |
| 2001 | 33.33 Percentage of taxable income | +0.0% |
| 2002 | 33.33 Percentage of taxable income | +0.0% |
| 2003 | 33.33 Percentage of taxable income | +0.0% |
| 2004 | 33.33 Percentage of taxable income | +0.0% |
| 2005 | 33.33 Percentage of taxable income | +0.0% |
| 2006 | 33.33 Percentage of taxable income | +0.0% |
| 2007 | 33.33 Percentage of taxable income | +0.0% |
| 2008 | 33.33 Percentage of taxable income | +0.0% |
| 2009 | 33.33 Percentage of taxable income | +0.0% |
| 2010 | 33.33 Percentage of taxable income | +0.0% |
| 2011 | 33.33 Percentage of taxable income | +0.0% |
| 2012 | 33.33 Percentage of taxable income | +0.0% |
| 2013 | 33.33 Percentage of taxable income | +0.0% |
| 2014 | 33.33 Percentage of taxable income | +0.0% |
| 2015 | 33.33 Percentage of taxable income | +0.0% |
| 2016 | 33.33 Percentage of taxable income | +0.0% |
| 2017 | 33.33 Percentage of taxable income | +0.0% |
| 2018 | 33.33 Percentage of taxable income | +0.0% |
| 2019 | 31 Percentage of taxable income | -7.0% |
| 2020 | 28 Percentage of taxable income | -9.7% |
| 2021 | 26.5 Percentage of taxable income | -5.4% |
| 2022 | 25 Percentage of taxable income | -5.7% |
| 2023 | 25 Percentage of taxable income | +0.0% |
| 2024 | 25 Percentage of taxable income | +0.0% |
| 2025 | 25 Percentage of taxable income | +0.0% |
| 2026 | 25 Percentage of taxable income | +0.0% |
Monaco compared with similar countries
- Monaco's 25 Percentage of taxable income is above the median for high income countries, which is 21.5 Percentage of taxable income, 1.2× the median. (60 countries reporting)
- Monaco's 25 Percentage of taxable income is above the median for Europe & Central Asia, which is 19.74 Percentage of taxable income, 1.3× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.33 Percentage of taxable income | 33.33 Percentage of taxable income | 33.33 Percentage of taxable income | 10 |
| 2010s | 33.1 Percentage of taxable income | 31 Percentage of taxable income | 33.33 Percentage of taxable income | 10 |
| 2020s | 25.64 Percentage of taxable income | 25 Percentage of taxable income | 28 Percentage of taxable income | 7 |
Countries ranked near Monaco
- 41 Canada 26 Percentage of taxable income compare
- 42 United States of America 25.53 Percentage of taxable income compare
- 43 India 25.17 Percentage of taxable income compare
- 44 Spain 25 Percentage of taxable income compare
- 44 United Kingdom of Great Britain and Northern Ireland 25 Percentage of taxable income compare
- 44 Angola 25 Percentage of taxable income compare
- 44 Antigua and Barbuda 25 Percentage of taxable income compare
- 44 Dominica 25 Percentage of taxable income compare
- 44 Honduras 25 Percentage of taxable income compare
- 44 Mongolia 25 Percentage of taxable income compare
- 44 Panama 25 Percentage of taxable income compare
- 44 Philippines 25 Percentage of taxable income compare
- 44 Seychelles 25 Percentage of taxable income compare
- 44 Sierra Leone 25 Percentage of taxable income compare
- 44 Uruguay 25 Percentage of taxable income compare
- 44 Belgium 25 Percentage of taxable income compare
- 44 China 25 Percentage of taxable income compare
- 44 Côte d’Ivoire 25 Percentage of taxable income compare
- 44 Djibouti 25 Percentage of taxable income compare
- 44 Jamaica 25 Percentage of taxable income compare
- 44 Liberia 25 Percentage of taxable income compare
- 44 Guatemala 25 Percentage of taxable income compare
- 44 Saint Kitts and Nevis 25 Percentage of taxable income compare
More economy & growth data for Monaco
- Industry (including construction), value added (constant LCU), per 20,048 constant LCU per person (2014)
- Industry (including construction), value added (constant LCU), per 0.1024 constant LCU per US$ of GDP (2014)
- Industry (including construction), value added (current LCU), per 34,050 current LCU per person (2024)
- Industry (including construction), value added (current LCU), per 0.1182 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), annual 23.6 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 36,855 current US$ per person (2024)
- Industry (including construction), value added (current US$), per 0.128 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), annual 23.73 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 247,170 constant 2015 US$ per person (2024)
- GDP (current US$), annual growth rate 11.21 % change on previous year (2024)
Frequently asked questions
- What is corporate income tax (cit) - statutory and targeted small business in Monaco?
- Corporate income tax (cit) - statutory and targeted small business in Monaco was 25 Percentage of taxable income in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest corporate income tax (cit) - statutory and targeted small business recorded in Monaco?
- The highest recorded value was 33.33 Percentage of taxable income in 2000.
- What is the lowest corporate income tax (cit) - statutory and targeted small business recorded in Monaco?
- The lowest recorded value was 25 Percentage of taxable income in 2022.
- How does Monaco rank for corporate income tax (cit) - statutory and targeted small business?
- Monaco ranks 44th out of 128 countries with data for 2026.
- Is corporate income tax (cit) - statutory and targeted small business rising or falling in Monaco?
- Over the last ten years it is down 25.0%. The long-run trend across the full record is falling.
- Where does this Monaco data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Corporate income tax (CIT) - statutory and targeted small business rates — Combined corporate income tax rate. Statizoid updates them automatically from the source API.
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About this data
Statutory and targeted, sub-central and combined corporate income tax (CIT) rates. Targeted rates of 'small incorporated business' are on the basis of size alone (e.g. number of employees, amount of assets, turnover or taxable income) and not on the basis of expenditures or other targeting criteria. Targeted rates data are only available for OECD member countries.