An Overview of the Tax System in Nauru
Crypto Tax

Key Points

• Nauru has a simple tax system, designed to be conducive to investment.
• There is no specific tax on cryptocurrency in Nauru.

Detailed Summary

• Nauru has a straightforward tax system that is designed to be conducive to investment.
• There is no specific tax on cryptocurrency in Nauru.
• However, cryptocurrency is treated as a capital asset, and any profits from its sale are subject to income tax.


• Income tax rates are low, with a maximum rate of 30%.
• Businesses are also subject to a 30% corporate tax rate.

Conclusions

• Nauru's tax system is designed to be simple and attractive to investors.
• There is no specific tax on cryptocurrency, but profits from its sale are subject to income tax.