The World's Countries
Marshall Islands
mhFeatures
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Territorial Tax
Taxes only local income.
Tax Information
| Category | ||
|---|---|---|
| Corporate | 0.00% | Non-Resident Companies: 0% tax on income earned outside the RMI. (A corporate tax of $80 is collected on the first $10,000, with 3% on the excess for some entities, but this is usually applicable only to local business activity. ) |
| Capital Gains | 0.00% | No capital gains, gift, estate, or inheritance taxes. |
Local Currencies
| Currency | ISO | Value | Rank | |
|---|---|---|---|---|
| US Dollar | USD |
$ | $1.00 | #1 |