IE · EuropeFM · Oceania
Ireland vs Micronesia: tax rates compared
Ireland has an income tax rate of 48%, 38pp above Micronesia's 10%. The 200-country average is 28%: Ireland sits above it, Micronesia sits below it. Ireland'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 five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | IE | FM | Difference |
|---|---|---|---|
| Income Tax | 48% | 10% | IE +38 pplargest gap |
| Corporate Tax | 12.5% | 30% | FM +17.5 pp |
| Capital Gains Tax | 33% | 0% | IE +33 pp |
| Crypto Tax | 33% | 0% | IE +33 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Ireland | 48% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Micronesia | 10% | Source: Code of the Federated States of Micronesia, Title 54 (Taxation and Customs), Section 121 · as of 2026-07-20 |
| Difference | +38 pp | Ireland higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Ireland | 12.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Micronesia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −17.5 pp | Micronesia higher |
Micronesia has a corporate tax rate of 30%, 17.5pp above Ireland's 12.5%. The 201-country average is 22.6%: Ireland sits below it, Micronesia sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Ireland | 33% | Source: PWC Worldwide Tax Summaries — Ireland (Individual, Income determination) · as of 2026-03-06 |
| Micronesia | 0% | Source: Code of the Federated States of Micronesia, Title 54 — Taxation and Customs · as of 2026-07-19 |
| Difference | +33 pp | Ireland higher |
Ireland has a capital gains tax rate of 33%, 33pp above Micronesia's 0%. The 175-country average is 10.3%: Ireland sits above it, Micronesia sits below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Ireland | 33% | Source: Irish Revenue — Tax and Duty Manual Part 02-01-03: Taxation of Crypto-Asset Transactions · as of 2026-01-01 |
| Micronesia | 0% | Source: Code of the Federated States of Micronesia, Title 54 · as of 2026-07-19 |
| Difference | +33 pp | Ireland higher |
Ireland has a crypto tax rate of 33%, 33pp above Micronesia's 0%. The 88-country average is 13%: Ireland sits above it, Micronesia sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Ireland | 0% | Source: PWC Worldwide Tax Summaries — Ireland (Individual, Other taxes) · as of 2026-03-06 |
| Micronesia | 0% | Source: Federated States of Micronesia Code, Title 54 (Taxation and Customs), via fsmlaw.org · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Ireland and Micronesia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: VAT.