French overseas collectivity in the South Pacific.
Wallis and Futuna, a French overseas collectivity in the South Pacific, levies no corporate income tax and no personal income tax, with local authorities consequently unable to issue tax certificates since no income taxation exists to certify; the territory's tax system relies primarily on import duties rather than direct or indirect taxation of income or consumption.
A specific statutory tax year framework has limited practical relevance given the absence of corporate or personal income tax; residency status matters mainly for determining whether metropolitan-French-source income (rental income from French property, dividends from French shares, capital gains on French real estate) remains taxable in France, as described in the Residency section of this page.
0% - listed among the roughly dozen jurisdictions worldwide with no general corporate income tax per Tax Foundation's 2025 global survey.
0% - no personal income tax. Multiple independent sources confirm no income tax exists in Wallis and Futuna, with local authorities consequently unable to issue tax certificates since no income taxation exists to certify.
There is no VAT in Wallis and Futuna, per the territory's own official investment portal and multiple independent tax guides - the tax system relies primarily on import duties instead. One lower-quality source's claim of a 20% standard VAT rate directly contradicts the official territorial source and is not used here.
Residency has limited practical tax consequence given the absence of both personal and corporate income tax. French tax law distinguishes residents from non-residents: once fiscal domicile is outside metropolitan France - which includes autonomous-taxation collectivities like Wallis and Futuna - the individual is taxable in France only on French-source income. A Wallis and Futuna resident is not taxed in metropolitan France on local income (wages or business profits earned in the territory), but remains subject to French tax on metropolitan-French-source income (e.g., rental income from French property, dividends from French shares, or capital gains on French real estate).
Because Wallis and Futuna levies no corporate income tax at all, the concept of a permanent establishment has no practical tax consequence for a foreign company operating in the territory in the way it would in a jurisdiction with a conventional corporate tax base; a company's presence in Wallis and Futuna does not itself trigger a Wallis and Futuna corporate tax liability given the absence of any such tax.
No Controlled Foreign Company regime was identified in available sources for Wallis and Futuna - unsurprising given the absence of any corporate income tax base against which a CFC attribution regime would operate.
No statutory thin capitalization rule was identified, and none would have practical effect given the absence of corporate income tax.
Wallis and Futuna classifies entities under its own autonomous tax regime rather than offering an elective check-the-box system, and no ATAD2-style anti-hybrid mismatch regime addressing double-deduction or deduction-without-inclusion outcomes has been identified, consistent with the absence of a CFC regime described elsewhere on this page (unsurprising given the absence of any corporate income tax base against which either mechanism would operate); France's own national anti-hybrid rules are French national law that does not automatically extend to Wallis and Futuna's autonomous local tax code.
No domestic FBAR-equivalent regime requires Wallis and Futuna residents to separately disclose foreign financial accounts. Wallis and Futuna's specific CRS participating-jurisdiction status is not confirmed in available primary sources; unlike Saint Barthelemy and Saint-Martin (whose CRS status is tied to a specific EU savings-taxation agreement covering French Caribbean territories), Wallis and Futuna's Pacific location and separate categorization mean its status should not be assumed to be the same - confirm current status directly with the relevant French tax authorities before relying on this page. US persons remain independently subject to FinCEN Form 114 (FBAR) and potentially Form 8938 regardless of Wallis and Futuna's own rules.
Not a meaningful question in Wallis and Futuna's case: with no corporate income tax at all, dividends and capital gains from a subsidiary are already outside the local tax base entirely, achieving a more complete practical effect than a conventional participation exemption regime would provide.
Not a meaningful question given the absence of corporate or personal income tax in Wallis and Futuna: with no domestic tax base against which foreign tax paid could be credited, a foreign tax credit mechanism has no practical function locally; as described elsewhere on this page, Wallis and Futuna has no specific bilateral tax treaties with other countries, consistent with its treatment as foreign for French tax-territoriality purposes and its lack of a conventional treaty network.
None. Multiple independent sources confirm that Wallis and Futuna, as a French territory with its own autonomous tax regime, has no specific bilateral tax treaties with other countries - individuals seeking double-taxation relief with other nations must verify their status directly with competent authorities rather than relying on treaty coverage. This is consistent with the same pattern documented elsewhere on this site for France's other Pacific overseas territories (New Caledonia, French Polynesia), which are treated as foreign for French tax-territoriality purposes and do not automatically benefit from France's broader treaty network.