BZ · AmericasFM · Oceania

Belize vs Micronesia: tax rates compared

Belize's income tax rate is 15pp higher than Micronesia's (25% vs 10%). The 200-country average is 28%: both sit below it. Belize's figure is dated 2025-01-01 and Micronesia's 2026-07-20, so the two rates come from different data vintages.

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

At a glance

0102030405060Income10%25%Corporate0%30%Capital Gains0%Wealth Tax0%
four shared taxes, side by side
Tax BZ FMDifference
Income Tax25%10%BZ +15 pp
Corporate Tax0%30%FM +30 pplargest gap
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Belize25%Source: Belize Income and Business Tax (Amendment) Act, 2024 (No. 40 of 2024) · as of 2025-01-01
Micronesia10%Source: Code of the Federated States of Micronesia, Title 54 (Taxation and Customs), Section 121 · as of 2026-07-20
Difference+15 ppBelize higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belize0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Micronesia30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−30 ppMicronesia higher

Micronesia's corporate tax rate is 30pp higher than Belize's (30% vs 0%). The 201-country average is 22.6%: Belize sits below it, Micronesia sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Belize0%Source: Belize Income and Business Tax Act (Chapter 55, Revised Edition 2020) · as of 2020-12-31
Micronesia0%Source: Code of the Federated States of Micronesia, Title 54 — Taxation and Customs · as of 2026-07-19
Difference0 ppdisplayed rates match

Belize's capital gains tax rate is identical to Micronesia's — both sit at 0%. The 175-country average is 10.3%: both sit below it. Belize's figure is dated 2020-12-31 and Micronesia's 2026-07-19, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Belize0%Source: Belize Income and Business Tax Act, Chapter 55 (Government of Belize, Attorney General's Ministry) · as of 2026-07-18
Micronesia0%Source: Federated States of Micronesia Code, Title 54 (Taxation and Customs), via fsmlaw.org · as of 2026-07-18
Difference0 ppdisplayed rates match

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

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