FM · OceaniaPS · Asia
Micronesia vs Palestine: tax rates compared
Between the two, Palestine's income tax rate (15%) tops Micronesia's (10%) by 5pp. The 200-country average is 28%: both sit below it.
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 | PS | Difference |
|---|---|---|---|
| Income Tax | 10% | 15% | PS +5 pp |
| Corporate Tax | 30% | 15% | FM +15 pplargest gap |
| 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 |
| Palestine | 15% | Source: PWC Worldwide Tax Summaries — Palestinian territories (Individual, Taxes on personal income) · as of 2026-02-09 |
| Difference | −5 pp | Palestine higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Micronesia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Palestine | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +15 pp | Micronesia higher |
Between the two, Micronesia's corporate tax rate (30%) tops Palestine's (15%) by 15pp. The 201-country average is 22.6%: Micronesia sits above it, Palestine sits below 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 |
| Palestine | 0% | Source: PWC Worldwide Tax Summaries — Palestinian Territories (Individual, Other taxes) · as of 2026-02-09 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Micronesia and Palestine both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax.