Kiribati Tax Rates
Kiribati (Republic of Kiribati) uses the Australian Dollar and operates a basic tax system with a progressive income tax, company tax, and various withholding taxes. The country is one of the world's least developed nations, with its economy dependent on fishing license revenue, remittances from seafarers working abroad, and international aid. Kiribati does not have a VAT or GST. The country also manages the Revenue Equalization Reserve Fund (RERF), a sovereign wealth fund built from phosphate mining revenues.
Top Income Tax Rate
35%
Corporate Tax Rate
35%
VAT / Sales Tax
0%
Capital Gains Tax
0%
Detailed Tax Information
Income Tax Brackets
Kiribati has a progressive income tax system with a tax-free threshold of AUD 6,500. Income from AUD 6,501 to AUD 11,000 is taxed at 25%, from AUD 11,001 to AUD 30,000 at 30%, and income exceeding AUD 30,000 at 35%. The tax applies to employment income, business income, and other assessable income. PAYE withholding applies to employment income.
| Income Range | Tax Rate |
|---|---|
| A$0 – A$7K | 0% |
| A$7K – A$11K | 25% |
| A$11K – A$30K | 30% |
| A$30K+ | 35% |
Corporate Tax
Kiribati's corporate tax rate is 35% for both resident and non-resident companies on income sourced from Kiribati. There is no reduced rate for small businesses. Tax incentives may be available for investment in priority sectors through negotiation with the government. The fishing industry and copra production are key sectors of the economy.
Standard Rate
35%
Capital Gains Tax
Kiribati does not impose a separate capital gains tax. However, profits from the sale of assets that form part of a business activity may be treated as ordinary income and taxed at applicable income tax rates.
Rate
0%
VAT / Sales Tax
Kiribati does not have a VAT or GST system. Import duties are levied on goods entering the country and serve as a significant source of government revenue. Excise duties apply to specific goods including alcohol and tobacco.
Standard Rate
0%
Cryptocurrency Tax
Kiribati does not have specific legislation on cryptocurrency taxation. Given the limited digital infrastructure and small economy, there is no formal regulatory framework for digital currencies. General income tax rules would apply if crypto activities constitute a business.
Tax Treaties
Kiribati does not have any double taxation agreements. The country's small economy and limited international investment flows have not necessitated a treaty network. Kiribati receives significant development assistance from Australia, New Zealand, Japan, and international organizations.
Treaty Network
0
Double taxation agreements
Key Details
Relocate to Kiribati
See how much you could save by moving here from your current country.
$-14,462
Tax in United States
$24K
24.4% effective
Tax in Kiribati
$39K
38.8% effective
Additional Cost
59.4%
more tax annually
US Citizens: Important Note
US citizens are taxed on worldwide income regardless of residence. You'll still need to file US taxes, though the Foreign Earned Income Exclusion and Foreign Tax Credit may reduce your liability.
