Guatemala or Monaco: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Guatemala and Monaco weigh about the same on the taxpayer.

Tax Guatemala Monaco Gap
Corporate income tax headline rate 25% 25% Same rate
Personal income tax top bracket 5% to 7% 0% +7.0 points
VAT standard rate 12% 20% −8.0 points

Detailed schedules

Corporate income tax

Guatemala

n/a

Monaco

Activities with more than 25% of turnover outside Monaco 25%
Purely Monegasque activities outside the scope of the tax 0%
See the Guatemala page See the Monaco page