Kiribati

{"ftc_utility":"medium","fbar_trigger_notes":"US expats working in Kiribati who hold local bank accounts (e.g. with ANZ Bank Kiribati or Bank of Kiribati) must file FBAR if aggregate balances exceed $10,000 USD at any point during the year. Banking infrastructure is limited and many expats maintain minimal local accounts, but the threshold applies regardless of account size.","ftc_utility_reason":"Kiribati levies income tax on residents at rates up to 35%, so US expats who earn employment income subject to Kiribati PAYE can generate Foreign Tax Credits to offset US tax liability on the same income. FTC utility is medium rather than high because low local wages mean many expats pay relatively little Kiribati tax in dollar terms, and the FEIE is often the primary US tax planning tool used instead.","presence_day_count_notes":"Kiribati does not impose strict visa duration limits that would prevent accumulating 330 qualifying days in a 12-month period. US citizens may enter Kiribati visa-free for up to 30 days initially, with extensions generally available. Long-term residents typically obtain work permits or residency permits. The 330-day count can be achieved but visitors must ensure they have appropriate permit status for extended stays.","typical_qualifying_method":"either","housing_exclusion_available":true,"physical_presence_test_applies":true,"estimated_housing_exclusion_usd":4800,"local_tax_rate_on_earned_income":0.25,"bona_fide_residence_test_applies":true}

{"pension_income":{"notes":"Foreign pension income received by a Kiribati resident is included in assessable income and taxed at progressive rates up to 35%. No tax treaty reduces this rate. The Kiribati National Provident Fund (KNPF) governs domestic retirement savings; withdrawals from the KNPF are generally exempt from income tax.","tax_rate":0.35,"locally_taxed":true},"social_security":{"notes":"No US-Kiribati tax treaty. US Social Security payments received by a Kiribati tax resident are foreign-source pension income assessable under local law. There is no exemption for foreign government pension payments. Progressive rates up to 35% apply.","locally_taxed":true,"treaty_protection":false},"roth_distributions":{"notes":"Roth distributions represent a return of after-tax principal plus tax-free growth under US law. Kiribati tax law does not have a specific provision for Roth accounts. Qualified Roth distributions that have no income character under US rules would likely not be treated as assessable income in Kiribati, but this position has not been tested and professional advice is warranted.","locally_taxed":false},"us_401k_ira_distributions":{"notes":"No US-Kiribati tax treaty exists. Distributions from US 401(k) or IRA accounts received by a Kiribati tax resident are assessable income under the Kiribati Income Tax Act and subject to progressive rates up to 35%. No treaty relief is available to reduce or eliminate this liability.","tax_rate":0.35,"locally_taxed":true,"treaty_protection":false}}

{"rate":0.35,"notes":"Kiribati has no separate capital gains tax. Gains of a capital nature are generally not taxed under the Income Tax Act, though gains from trading activity may be treated as ordinary income and taxed at progressive rates up to 35%.","details":{"tax_type":"Capital Gains Tax","country_name":"Kiribati","country_iso_code":"KIR","source_references":["Kiribati Income Tax Act (Cap. 37)","PFTAC Pacific Tax Administration documentation","IMF Kiribati fiscal notes"],"last_verified_date":"2026-06-03","general_description":"Kiribati does not impose a dedicated capital gains tax. Pure capital gains (e.g. on disposal of assets not held as trading stock) are outside the scope of the Income Tax Act. Gains arising from activities that constitute a trade or business are taxed as ordinary income under the progressive schedule, with the top rate at 35%.","corporate_capital_gains":{"rate":0.35,"tax_treatment":"No separate CGT; gains from trading activity taxed as ordinary corporate income at 35% flat corporate rate. Pure capital gains generally exempt."},"individual_capital_gains":{"rate":0.35,"tax_treatment":"No separate CGT. Pure capital gains not taxed. Gains from trading or revenue-account disposals taxed as ordinary income at progressive rates up to 35%."}}}

{"notes":"Dividends paid by Kiribati-resident companies to residents are included in assessable income and taxed at the recipient's marginal rate under the progressive schedule. A withholding tax applies to dividends paid to non-residents. Kiribati has no tax treaty network, so the non-resident withholding rate applies without reduction. The standard non-resident dividend withholding rate is 10% as a final tax.","rates":[{"rate":0.1,"type":"withholding","notes":"Non-resident recipients - 10% final withholding tax under the Income Tax Act."},{"rate":0.35,"type":"progressive","notes":"Resident recipients - dividends included in assessable income and taxed at marginal rate up to 35%."}]}