GG · EuropeFM · Oceania

Guernsey vs Micronesia: tax rates compared

Between the two, Guernsey's income tax rate (20%) tops Micronesia's (10%) by 10pp. The 200-country average is 28%: both sit below it. Guernsey's figure is dated 2025-12-17 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%20%Corporate0%30%Capital Gains0%Wealth Tax0%
four shared taxes, side by side
Tax GG FMDifference
Income Tax20%10%GG +10 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
Guernsey20%Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Taxes on personal income · as of 2025-12-17
Micronesia10%Source: Code of the Federated States of Micronesia, Title 54 (Taxation and Customs), Section 121 · as of 2026-07-20
Difference+10 ppGuernsey higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guernsey0%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

Between the two, Micronesia's corporate tax rate (30%) tops Guernsey's (0%) by 30pp. The 201-country average is 22.6%: Guernsey sits below it, Micronesia sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Guernsey0%Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Income determination · as of 2025-12-17
Micronesia0%Source: Code of the Federated States of Micronesia, Title 54 — Taxation and Customs · as of 2026-07-19
Difference0 ppdisplayed rates match

There's no gap here — Guernsey and Micronesia both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it. Guernsey's figure is dated 2025-12-17 and Micronesia's 2026-07-19, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Guernsey0%Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17
Micronesia0%Source: Federated States of Micronesia Code, Title 54 (Taxation and Customs), via fsmlaw.org · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Guernsey and Micronesia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Guernsey's figure is dated 2025-12-17 and Micronesia's 2026-07-18, so the two rates come from different data vintages.

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