Micronesia: what is the corporate tax rate?

21%. That is the headline rate, the one ordinary companies pay.

Micronesia: what is the income tax rate?

15% to 38%. Depending on the country, a flat rate or a progressive scale.

FiScore 5.5 out of 10, ranked 89th of 217: around the world average.

Micronesia vs World average Compare another country

Corporate 21% · Personal 15% to 38% · VAT 5% · USD

FiScore

89th Light Heavy

Corporate income taxheadline rate

21%

20.8%

+0.2points

Personal income taxtop bracket

38%

17%

+21.0points

VATstandard rate

14%

−9.0points

This page is not written yet. The rates shown come from our official records.