MV · AsiaPW · Oceania

Maldives vs Palau: tax rates compared

Maldives has an income tax rate of 15%, 3pp above Palau's 12%. The 200-country average is 28%: both sit below it. Maldives's figure is dated 2020-01-01 and Palau's 2026-07-20, so the two rates come from different data vintages.

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

At a glance

0102030405060Income12%15%VAT8%10%Wealth Tax0%
three shared taxes, side by side
Tax MV PWDifference
Income Tax15%12%MV +3 pplargest gap
VAT8%10%PW +2 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Maldives15%Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01
Palau12%Source: Government of Palau — Bureau of Revenue and Taxation, Wages and Salary Tax · as of 2026-07-20
Difference+3 ppMaldives higher

VAT

VAT, side by side
CountryRateSource
Maldives8%Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01
Palau10%Source: Palau Bureau of Revenue & Taxation — Palau Goods and Services Tax (PGST) · as of 2023-01-01
Difference−2 ppPalau higher

Palau has a VAT rate of 10%, 2pp above Maldives's 8%. The 181-country average is 15%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Maldives0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 (content current as of 1 October 2025, published February 2026) — Maldives chapter · as of 2025-10-01
Palau0%Source: Palau National Code, Title 40 (Revenue and Taxation) — official text · as of 2026-07-18
Difference0 ppdisplayed rates match

Maldives and Palau share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Maldives's figure is dated 2025-10-01 and Palau's 2026-07-18, so the two rates come from different data vintages.

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