FM · OceaniaTW · Asia
Micronesia vs Taiwan: tax rates compared
Taiwan's income tax rate is 30pp higher than Micronesia's (40% vs 10%). The 200-country average is 28%: Micronesia sits below it, Taiwan 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 | TW | Difference |
|---|---|---|---|
| Income Tax | 10% | 40% | TW +30 pplargest gap |
| Corporate Tax | 30% | 20% | FM +10 pp |
| Capital Gains Tax | 0% | 0% | match |
| 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 |
| Taiwan | 40% | Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Taxes on personal income) · as of 2026-01-12 |
| Difference | −30 pp | Taiwan higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Micronesia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Taiwan | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +10 pp | Micronesia higher |
Micronesia's corporate tax rate is 10pp higher than Taiwan's (30% vs 20%). The 201-country average is 22.6%: Micronesia sits above it, Taiwan sits below 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 |
| Taiwan | 0% | Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Income determination / Capital gains tax rates quick chart) · as of 2026-01-12 |
| Difference | 0 pp | displayed rates match |
Micronesia's capital gains tax rate is identical to Taiwan's — both sit at 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 |
| Taiwan | 0% | Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Other taxes) · as of 2026-01-12 |
| Difference | 0 pp | displayed rates match |
Micronesia'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: VAT, Crypto Tax.