Monaco has never levied income tax on individuals, and foreigners are thus able to use it as a "tax haven" from their own country's taxes, because as an independent country, Monaco is not obligated to pay taxes to other countries.
Oamenii folosesc Monaco drept „paradis fiscal” pentru a scăpa de taxele din propria lor țară, deoarece Monaco, ca țară independentă, nu este obligată să plătească impozite altor țări.