Micronesia
5.5/10
89th of 217
Both tax systems side by side, headline rates and the gap between them.
Level pegging: Micronesia and South Sudan weigh about the same on the taxpayer.
5.5/10
89th of 217
5.5/10
87th of 217
| Tax | Micronesia | South Sudan | Gap |
|---|---|---|---|
| Corporate income tax headline rate | 21% | 25% | −4.0 points |
| Personal income tax top bracket | 15% to 38% | 0% to 20% | +18.0 points |
| VAT standard rate | 5% | 18% | −13.0 points |
Micronesia
n/a
South Sudan
| Small business Annual revenue up to 1,000,000 SSP | 10% |
| Medium business 1,000,001 to 30,000,000 SSP | 20% |
| Large business Over 30,000,000 SSP | 25% |
Micronesia
n/a
South Sudan
| Up to 2,000 SSP per month Matches monthly minimum wage | 0% |
| 2,001 to 5,000 SSP | 5% |
| 5,001 to 10,000 SSP | 10% |
| 10,001 to 15,000 SSP | 15% |
| Over 15,000 SSP | 20% |