LA · AsiaFM · Oceania

Laos vs Micronesia: tax rates compared

Laos has an income tax rate of 25%, 15pp above Micronesia's 10%. The 200-country average is 28%: both sit below it.

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%Corporate20%30%Capital Gains0%2%Wealth Tax0%
four shared taxes, side by side
Tax LA FMDifference
Income Tax25%10%LA +15 pplargest gap
Corporate Tax20%30%FM +10 pp
Capital Gains Tax2%0%LA +2 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Laos25%Source: PWC Worldwide Tax Summaries — Lao PDR (Individual, Taxes on personal income) · as of 2026-02-06
Micronesia10%Source: Code of the Federated States of Micronesia, Title 54 (Taxation and Customs), Section 121 · as of 2026-07-20
Difference+15 ppLaos higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Laos20%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−10 ppMicronesia higher

Micronesia has a corporate tax rate of 30%, 10pp above Laos's 20%. The 201-country average is 22.6%: Laos sits below it, Micronesia sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Laos2%Source: PWC Worldwide Tax Summaries — Lao PDR (Individual, Income determination) · as of 2026-02-06
Micronesia0%Source: Code of the Federated States of Micronesia, Title 54 — Taxation and Customs · as of 2026-07-19
Difference+2 ppLaos higher

Laos has a capital gains tax rate of 2%, 2pp above Micronesia's 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Laos0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-06
Micronesia0%Source: Federated States of Micronesia Code, Title 54 (Taxation and Customs), via fsmlaw.org · as of 2026-07-18
Difference0 ppdisplayed rates match

Laos 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, Crypto Tax.