FM · OceaniaUY · Americas
Micronesia vs Uruguay: tax rates compared
Uruguay's income tax rate is 26pp higher than Micronesia's (36% vs 10%). The 200-country average is 28%: Micronesia sits below it, Uruguay sits above it. Micronesia's figure is dated 2026-07-20 and Uruguay's 2025-12-31, so the two rates come from different data vintages.
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 | UY | Difference |
|---|---|---|---|
| Income Tax | 10% | 36% | UY +26 pplargest gap |
| Corporate Tax | 30% | 25% | FM +5 pp |
| Capital Gains Tax | 0% | 12% | UY +12 pp |
| Wealth Tax | 0% | 0.1% | UY +0.1 pp |
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 |
| Uruguay | 36% | Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Taxes on personal income) · as of 2025-12-31 |
| Difference | −26 pp | Uruguay higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Micronesia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Uruguay | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | Micronesia higher |
Micronesia's corporate tax rate is 5pp higher than Uruguay's (30% vs 25%). 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 |
| Uruguay | 12% | Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Income determination) · as of 2026-03-09 |
| Difference | −12 pp | Uruguay higher |
Uruguay's capital gains tax rate is 12pp higher than Micronesia's (12% vs 0%). The 175-country average is 10.3%: Micronesia sits below it, Uruguay sits 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 |
| Uruguay | 0.1% | Source: Dirección General Impositiva — Tasas del Impuesto al Patrimonio, personas físicas 2025 · as of 2025-01-01 |
| Difference | −0.1 pp | Uruguay higher |
Uruguay's wealth tax rate is 0.1pp higher than Micronesia's (0.1% vs 0%). The 193-country average is 0.1%: Micronesia sits below it, Uruguay matches the world average. Micronesia's figure is dated 2026-07-18 and Uruguay's 2025-01-01, so the two rates come from different data vintages.
Not covered for both countries yet: VAT, Crypto Tax.