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Monaco Travel Guide
The outspoken Katharine Hepburn once called Monaco "a pimple on the chin of the south of France." She wasn't referring to the principality's lack of beauty, but rather to the preposterous idea of having a little country, a feudal anomaly, taking up some of the choicest coastline along the Riviera. Hemmed in by France on three sides and facing the Mediterranean, tiny Monaco staunchly maintains its independence. Even Charles de Gaulle couldn't force the late Prince Rainier to do away with his tax-free policy. As almost everybody in an overburdened world knows by now, the Monégasques do not pay taxes. Nearly all their country's revenue comes from tourism and gambling.
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