MH · OceaniaES · Europe
Marshall Islands vs Spain: tax rates compared
Spain's income tax rate is 36.6pp higher than Marshall Islands's (48.6% vs 12%). The 200-country average is 28%: Marshall Islands sits below it, Spain sits above it. Marshall Islands's figure is dated 2018-05-21 and Spain's 2025-01-01, so the two rates come from different data vintages.
Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | MH | ES | Difference |
|---|---|---|---|
| Income Tax | 12% | 48.6% | ES +36.6 pplargest gap |
| Wealth Tax | 0% | 3.5% | ES +3.5 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Marshall Islands | 12% | Source: Nitijela (Parliament) of the Republic of the Marshall Islands — Title 48 MIRC, Chapter 1, Income Tax Act 1989, Section 103 (Tax on Wages and Salaries) · as of 2018-05-21 |
| Spain | 48.6% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −36.6 pp | Spain higher |
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Marshall Islands | 0% | Source: Nitijela (Parliament) of the Republic of the Marshall Islands — Title 48 MIRC, Chapter 1, Income Tax Act 1989 · as of 2026-07-18 |
| Spain | 3.5% | Source: PWC Worldwide Tax Summaries — Spain (Individual, Other taxes) · as of 2025-12-31 |
| Difference | −3.5 pp | Spain higher |
Spain's wealth tax rate is 3.5pp higher than Marshall Islands's (3.5% vs 0%). The 193-country average is 0.1%: Marshall Islands sits below it, Spain sits above it. Marshall Islands's figure is dated 2026-07-18 and Spain's 2025-12-31, so the two rates come from different data vintages.
Not covered for both countries yet: Corporate Tax, VAT, Capital Gains Tax, Crypto Tax.