AM · AsiaMH · Oceania

Armenia vs Marshall Islands: tax rates compared

Armenia's income tax rate is 8pp higher than Marshall Islands's (20% vs 12%). The 200-country average is 28%: both sit below it. Armenia's figure is dated 2023-01-01 and Marshall Islands's 2018-05-21, so the two rates come from different data vintages.

Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income12%20%Wealth Tax0%
two shared taxes, side by side
Tax AM MHDifference
Income Tax20%12%AM +8 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Armenia20%Source: EY Worldwide Personal Tax and Immigration Guide (March 2026) — Armenia · as of 2023-01-01
Marshall Islands12%Source: Nitijela (Parliament) of the Republic of the Marshall Islands — Title 48 MIRC, Chapter 1, Income Tax Act 1989, Section 103 (Tax on Wages and Salaries) · as of 2018-05-21
Difference+8 ppArmenia higher

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Armenia0%Source: PWC Worldwide Tax Summaries — Armenia (Net wealth/worth tax rates) · as of 2026-06-30
Marshall Islands0%Source: Nitijela (Parliament) of the Republic of the Marshall Islands — Title 48 MIRC, Chapter 1, Income Tax Act 1989 · as of 2026-07-18
Difference0 ppdisplayed rates match

Armenia's wealth tax rate is identical to Marshall Islands's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Corporate Tax, VAT, Capital Gains Tax, Crypto Tax.