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Monaco
Capital: Monaco
Monaco, bordering France on the Mediterranean coast, is a popular resort, attracting tourists to its casino and pleasant climate. The principality also is a major banking center and has successfully sought to diversify into services and small, high-value-added, nonpolluting industries. The state has no income tax and low business taxes and thrives as a tax haven both for individuals who have established residence and for foreign companies that have set up businesses and offices. Monaco, however, is not a tax-free shelter; it charges nearly 20% value-added tax, collects stamp duties, and companies face a 33% tax on profits unless they can show that three-quarters of profits are generated within the principality. Monaco was formally removed from the OECD's "grey list" of uncooperative tax ju more info »
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Front Back Denomination Pick Date
Monaco P2c 25-Centime 1920
25 Centime Monaco's Banknote (Front)
Pick#: P2c
Date: 1920
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Scan donated by Thomas Krag
Monaco Banknote P2c 25-Centime 1920
25 Centime Monaco's Banknote (Back)
Pick#: P2c
Date: 1920
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Scan donated by Thomas Krag
25-Centime P2c 1920
Monaco P3 50-Centime 1920
50 Centime Monaco's Banknote (Front)
Pick#: P3
Date: 1920
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Scan donated by Frank van Tiel
Monaco Banknote P3 50-Centime 1920
50 Centime Monaco's Banknote (Back)
Pick#: P3
Date: 1920
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Scan donated by Frank van Tiel
50-Centime P3 1920
Monaco P5 1-Franc 1920
1 Franc Monaco's Banknote (Front)
Pick#: P5
Date: 1920
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Scan donated by Peter Mosselberger
Monaco Banknote P5 1-Franc 1920
1 Franc Monaco's Banknote (Back)
Pick#: P5
Date: 1920
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Scan donated by Peter Mosselberger
1-Franc P5 1920
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