Estonia or Micronesia: which taxes less?

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

Level pegging: Estonia and Micronesia weigh about the same on the taxpayer.

Tax Estonia Micronesia Gap
Corporate income tax headline rate 22% 21% +1.0 points
Personal income tax top bracket 22% 15% to 38% −16.0 points
VAT standard rate 20% 5% +15.0 points

Detailed schedules

Corporate income tax

Estonia

Distributed profits 22/78 of net amount paid 22%
Reinvested profits deferred taxation with no time limit 0%

Micronesia

n/a

See the Estonia page See the Micronesia page