FM · OceaniaTG · Africa
Micronesia vs Togo: tax rates compared
Togo has an income tax rate of 35%, 25pp above Micronesia's 10%. The 200-country average is 28%: Micronesia sits below it, Togo sits above it. Micronesia's figure is dated 2026-07-20 and Togo's 2025-04-23, 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 | TG | Difference |
|---|---|---|---|
| Income Tax | 10% | 35% | TG +25 pplargest gap |
| Corporate Tax | 30% | 27% | FM +3 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 |
| Togo | 35% | Source: Office Togolais des Recettes — Code Général des Impôts et Livre des Procédures Fiscales (mis à jour 2025), Art. 74 · as of 2025-04-23 |
| Difference | −25 pp | Togo higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Micronesia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Togo | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +3 pp | Micronesia higher |
Micronesia has a corporate tax rate of 30%, 3pp above Togo's 27%. 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 |
| Togo | 0% | Source: Investir au Togo (Togo government investment promotion portal) — Fiscalité · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Micronesia and Togo 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.