Information about Kiribati Minimum wage and taxes.

Information about minimum wage and taxes in Kiribati is as follows:

1. Minimum Wage: There is no officially set minimum wage in Kiribati. However, the government has issued some guidelines on determining and regulating workers' salaries. The guidelines state that employers must pay their employees a fair and reasonable wage.

2. Tax System: Kiribati has individual and corporate tax laws. Individuals are responsible for paying income tax. Income tax is subject to a progressive tax rate system and varies depending on income level. Tax rates in Kiribati are lower for low-income individuals and higher for higher-income individuals. Corporate tax rates also vary depending on companies' income. Companies established in Kiribati are obliged to pay corporate tax on the income they generate. Tax rates may vary depending on the industry in which the company operates. Tax laws and rates in Kiribati may change from time to time, so it is important to seek advice from the Kiribati Ministry of Finance or a tax advisor for up-to-date information.

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