FM · OceaniaPE · Americas
Micronesia vs Peru: tax rates compared
Peru's income tax rate is 20pp higher than Micronesia's (30% vs 10%). The 200-country average is 28%: Micronesia sits below it, Peru sits above it.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | FM | PE | Difference |
|---|---|---|---|
| Income Tax | 10% | 30% | PE +20 pplargest gap |
| Corporate Tax | 30% | 29.5% | FM +0.5 pp |
| Capital Gains Tax | 0% | 5% | PE +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 |
| Peru | 30% | Source: PWC Worldwide Tax Summaries — Peru (Individual, Taxes on personal income) · as of 2026-07-13 |
| Difference | −20 pp | Peru higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Micronesia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Peru | 29.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +0.5 pp | Micronesia higher |
Micronesia's corporate tax rate is 0.5pp higher than Peru's (30% vs 29.5%). The 201-country average is 22.6%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Micronesia | 0% | Source: Code of the Federated States of Micronesia, Title 54 — Taxation and Customs · as of 2026-07-19 |
| Peru | 5% | Source: PWC Worldwide Tax Summaries — Peru (Individual, Income determination) · as of 2026-07-13 |
| Difference | −5 pp | Peru higher |
Peru's capital gains tax rate is 5pp higher than Micronesia's (5% vs 0%). The 175-country average is 10.3%: both sit 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 |
| Peru | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Peru · as of 2025-10-01 |
| Difference | 0 pp | displayed rates match |
Micronesia's wealth tax rate is identical to Peru's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Micronesia's figure is dated 2026-07-18 and Peru's 2025-10-01, so the two rates come from different data vintages.
Not covered for both countries yet: VAT, Crypto Tax.