FM · OceaniaNR · Oceania
Micronesia vs Nauru: tax rates compared
Nauru has an income tax rate of 20%, 10pp above Micronesia's 10%. The 200-country average is 28%: both sit below it. Micronesia's figure is dated 2026-07-20 and Nauru's 2023-07-01, 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
| Tax | FM | NR | Difference |
|---|---|---|---|
| Income Tax | 10% | 20% | NR +10 pplargest gap |
| Corporate Tax | 30% | 25% | FM +5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Micronesia | 10% | Source: Code of the Federated States of Micronesia, Title 54 (Taxation and Customs), Section 121 · as of 2026-07-20 |
| Nauru | 20% | Source: Nauru Revenue Office, Ministry of Finance — Tax Rates (1 July 2023 - 30 June 2024) · as of 2023-07-01 |
| Difference | −10 pp | Nauru higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Micronesia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Nauru | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | Micronesia higher |
Micronesia has a corporate tax rate of 30%, 5pp above Nauru's 25%. The 201-country average is 22.6%: both sit above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Micronesia | 0% | Source: Federated States of Micronesia Code, Title 54 (Taxation and Customs), via fsmlaw.org · as of 2026-07-18 |
| Nauru | 0% | Source: Department of Finance, Republic of Nauru — NRO administered legislation · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Micronesia and Nauru 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, Capital Gains Tax, Crypto Tax.