May 9, 2025

Kiribati Taxation

Kiribati Taxation refers to the system of taxes imposed by the government of Kiribati, an island nation in the central Pacific Ocean. This taxation framework includes various types of taxes, such as income tax, corporate tax, consumption taxes (including value-added tax or VAT), and import duties. The purpose of taxation in Kiribati is to generate revenue for government operations, funding public services, infrastructure development, and social programs.

Kiribati’s taxation policies may be influenced by its economic structure, which relies heavily on fishing and remittances, and its unique geographical and environmental challenges. The tax system is designed to address the needs of the populace while also adhering to international standards and practices to ensure fairness and efficiency in revenue collection.