Guernsey or Marshall Islands: which taxes less?

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

Level pegging: Guernsey and Marshall Islands weigh about the same on the taxpayer.

Tax Guernsey Marshall Islands Gap
Corporate income tax headline rate 0% 3% −3.0 points
Personal income tax top bracket 0% to 20% 0% to 12% +8.0 points
VAT standard rate 0% 4% −4.0 points

Detailed schedules

Corporate income tax

Guernsey

n/a

Marshall Islands

Revenue over $10,000 USD base: revenue 3%
Revenue up to $10,000 USD 0.8%
Non-resident companies on Marshallese-source income 10%
See the Guernsey page See the Marshall Islands page