Ministry of Finance, Banking & Postal Services
The Ministry of Finance, Banking and Postal Services would like to inform all taxpayers of the most recent Amendment to the Income Tax Act 2025. The Amendment dictates the removal of the 16% tax rate and the establishment of the following tax rates on Wages and Salaries:i) 8% tax rate upon the first $10,400 of […]
Press Release – March 6, 2025: Amendment to the Income Tax Act 2025 Read More »
This Policy Note explores comprehensive tax reform strategies for the Republic of the Marshall Islands (RMI), aiming to modernize its outdated tax system. The RMI is currently benefiting from strong economic performance… Read Article Here
Tax Reform Options for the RMI and Estimation of Fiscal and Economic Impact Read More »
The Republic of the Marshall Islands (RMI) is working to boost international trade by modernizing its customs procedures through the eventual roll-out of ASYCUDAWorld, the UNCTAD ASYCUDA Programme’s latest customs management system. A mobilization seminar was held in RMI on 3 May 2023, ahead of the planned ASYCUDAWorld launch in 2024, to help government agencies,
Address:
P.O. Box D Majuro, MH 96960 Republic of the Marshall Islands
Phone:
+692 625-8311
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