MH · OceaniaUY · Americas

Marshall Islands vs Uruguay: tax rates compared

Uruguay's income tax rate is 24pp higher than Marshall Islands's (36% vs 12%). The 200-country average is 28%: Marshall Islands sits below it, Uruguay sits above it. Marshall Islands's figure is dated 2018-05-21 and Uruguay's 2025-12-31, 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%36%Wealth Tax0%0.1%
two shared taxes, side by side
Tax MH UYDifference
Income Tax12%36%UY +24 pplargest gap
Wealth Tax0%0.1%UY +0.1 pp

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
Uruguay36%Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Taxes on personal income) · as of 2025-12-31
Difference−24 ppUruguay 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
Uruguay0.1%Source: Dirección General Impositiva — Tasas del Impuesto al Patrimonio, personas físicas 2025 · as of 2025-01-01
Difference−0.1 ppUruguay higher

Uruguay's wealth tax rate is 0.1pp higher than Marshall Islands's (0.1% vs 0%). The 193-country average is 0.1%: Marshall Islands sits below it, Uruguay matches the world average. Marshall Islands's figure is dated 2026-07-18 and Uruguay's 2025-01-01, so the two rates come from different data vintages.

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