MH · Oceania · USD
Marshall Islands
Tax rates
Income Tax
12%
Top rate, progressive scale
Wealth Tax
0%
Not levied
No verified data yet for: Corporate Tax, VAT, Capital Gains Tax, Crypto Tax.
Estimate your income tax
Enter a gross annual salary to estimate 2018 national income tax for Marshall Islands using verified brackets — total tax, effective and marginal rate, net income, and the per-band breakdown. National income tax only; social contributions and sub-national taxes are excluded unless the notes say otherwise. The full calculator covers every country with verified rates.
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Brackets & notes
Income Tax
| Threshold | Rate |
|---|---|
| USD 0 | 8% |
| USD 10,400 | 12% |
Wages and salaries are taxed 8% on the first USD 10,400 of a year's earnings (prorated to USD 200 a week or USD 866.67 a month) and 12% above that; United States contractor personnel are instead taxed at a flat 5%.
The Marshall Islands taxes wages and salaries under Section 103 of the Income Tax Act 1989: 8% on the first $10,400 of an employee's wages and salaries, and a top rate of 12% on the amount above that. A separate flat 5% rate applies specifically to wages and salaries received by United States contractor personnel. This wages-and-salaries tax is a distinct schedule from the republic's gross revenue tax on businesses.
Wealth Tax
No net wealth tax is levied in the Marshall Islands. The Income Tax Act 1989 (Title 48 MIRC, Chapter 1 — the republic's principal tax statute) imposes only a tax on wages and salaries, a gross revenue tax on businesses, a tax on income from immovable property, a non-resident income tax, and a hotel/resort facilities tax, with no net wealth or general property tax provision. Independent overviews of the RMI tax system likewise describe wages/salaries tax, gross revenue tax, and import duties as the three main revenue sources, plus a separate property tax and hotel tax, with no general wealth tax.