MH · OceaniaTW · Asia

Marshall Islands vs Taiwan: tax rates compared

Taiwan's income tax rate is 28pp higher than Marshall Islands's (40% vs 12%). The 200-country average is 28%: Marshall Islands sits below it, Taiwan sits above it. Marshall Islands's figure is dated 2018-05-21 and Taiwan's 2026-01-12, 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

0102030405060Income12%40%Wealth Tax0%
two shared taxes, side by side
Tax MH TWDifference
Income Tax12%40%TW +28 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Marshall Islands12%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
Taiwan40%Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Taxes on personal income) · as of 2026-01-12
Difference−28 ppTaiwan higher

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Marshall Islands0%Source: Nitijela (Parliament) of the Republic of the Marshall Islands — Title 48 MIRC, Chapter 1, Income Tax Act 1989 · as of 2026-07-18
Taiwan0%Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Other taxes) · as of 2026-01-12
Difference0 ppdisplayed rates match

Marshall Islands's wealth tax rate is identical to Taiwan's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

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