Brunei

{"ftc_utility":"none","fbar_trigger_notes":"US expats working in Brunei frequently maintain a Brunei bank account (BND-denominated accounts at banks such as Bank Islam Brunei Darussalam or Baiduri Bank). If the aggregate balance across all foreign accounts exceeds USD 10,000 at any point in the calendar year, FBAR filing (FinCEN 114) is required. Brunei banks do not automatically report to the IRS but Brunei participates in the Common Reporting Standard (CRS) which may result in account data being shared.","ftc_utility_reason":"Brunei levies no personal income tax on earned or investment income, so there are no local taxes paid that could generate a foreign tax credit. US expats in Brunei have no FTC to claim against their US tax liability. FEIE is the primary mechanism for reducing US tax on foreign earned income.","presence_day_count_notes":"Brunei does not have a strict visa-on-arrival day limit for most nationalities that would prevent accumulating 330 days in a 12-month period, but US citizens typically require employment passes or long-term passes for extended stays. Overstaying is not legally permitted. Employment pass holders can remain for the duration of their pass.","typical_qualifying_method":"either","housing_exclusion_available":true,"physical_presence_test_applies":true,"estimated_housing_exclusion_usd":28000,"local_tax_rate_on_earned_income":0,"bona_fide_residence_test_applies":true}

{"pension_income":{"notes":"Foreign pension income is not taxed in Brunei. The absence of personal income tax means pension income of any origin is received free of local tax.","tax_rate":null,"locally_taxed":false},"social_security":{"notes":"US Social Security benefits received by a US expat in Brunei are not subject to local tax. No US-Brunei totalization or tax treaty exists. Social Security benefits remain subject to US taxation rules only.","locally_taxed":false,"treaty_protection":false},"roth_distributions":{"notes":"Roth IRA distributions are not taxed locally. Brunei has no personal income tax framework under which such distributions could be assessed.","locally_taxed":false},"us_401k_ira_distributions":{"notes":"Brunei levies no personal income tax, so US 401k and IRA distributions received by a US expat residing in Brunei are not taxed locally. There is no tax treaty between the US and Brunei, so treaty protection is not applicable. The absence of local income tax means distributions are not taxed regardless.","tax_rate":null,"locally_taxed":false,"treaty_protection":false}}

{"rate":0,"notes":"Brunei does not levy personal income tax or capital gains tax. Individuals pay no tax on capital gains of any kind.","details":{"tax_type":"Capital Gains Tax","country_name":"Brunei","country_iso_code":"BRN","source_references":["PwC Worldwide Tax Summaries - Brunei Darussalam","KPMG Brunei Tax Profile","Brunei Darussalam Inland Revenue Department"],"last_verified_date":"2026-06-03","general_description":"Brunei has no personal income tax and no capital gains tax for individuals. The country derives government revenue primarily from oil and gas royalties and corporate taxes on the petroleum sector.","corporate_capital_gains":{"rate":0,"tax_treatment":"Capital gains are not subject to a separate capital gains tax. Corporate profits (including gains on disposal of assets) for non-petroleum companies are taxed under corporate income tax at 18.5%. Petroleum companies are subject to a separate income tax regime under the Income Tax (Petroleum) Act at 55%."},"individual_capital_gains":{"rate":0,"tax_treatment":"No personal income tax exists in Brunei, so no capital gains tax applies to individuals. All capital gains are fully exempt regardless of asset type, holding period, or residency status."}}}

{"notes":"Brunei does not impose withholding tax on dividends paid to non-residents. There is no personal income tax, so dividends received by individuals are not taxed. Dividends paid by Brunei companies are paid out of after-tax corporate profits with no further deduction.","rates":[{"rate":0,"type":"withholding","notes":"No withholding tax on dividends paid to residents or non-residents."},{"rate":0,"type":"exempt","notes":"Dividends are exempt from personal income tax as Brunei levies no personal income tax."}]}