AI-Assisted Content: Summaries are AI-generated for general reference. Always verify with the official tax authority.
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Oceania

Micronesia

Federated States of Micronesia applies a wages tax — there is no general personal income tax.

Personal income tax

Wages tax 6–10%
Top marginal rate / range

Corporate tax

Gross revenue tax
Standard rate

VAT / Sales tax

No VAT
Standard indirect tax

At a glance

  • Wages tax6% / 10%
  • Gross revenueOn businesses
Official Tax Authority Customs and Tax Administration
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This is a brief, AI-assisted summary intended for general reference only. Tax laws change frequently and vary by individual circumstance. Always verify current rates, rules, and obligations with Micronesia's official tax authority (linked above) or a qualified tax professional before making any decision.