AD · EuropeIM · Europe

Andorra vs Isle of Man: tax rates compared

Isle of Man's income tax rate is 11pp higher than Andorra's (21% vs 10%). The 200-country average is 28%: both sit below it. Andorra's figure is dated 2023-01-19 and Isle of Man's 2026-02-06, so the two rates come from different data vintages.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income10%21%Corporate0%10%VAT4.5%20%Capital Gains0%
four shared taxes, side by side
Tax AD IMDifference
Income Tax10%21%IM +11 pp
Corporate Tax10%0%AD +10 pp
VAT4.5%20%IM +15.5 pplargest gap
Capital Gains Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Andorra10%Source: Consell General (Parliament of Andorra) — Llei 5/2023, del 19 de gener, de mesures per a la reforma de la imposició directa · as of 2023-01-19
Isle of Man21%Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Taxes on personal income) · as of 2026-02-06
Difference−11 ppIsle of Man higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Andorra10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Isle of Man0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10 ppAndorra higher

Andorra's corporate tax rate is 10pp higher than Isle of Man's (10% vs 0%). The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Andorra4.5%Source: Butlletí Oficial del Principat d'Andorra (BOPA) — Llei 11/2012, de l'impost general indirecte (text refós) · as of 2014-07-30
Isle of Man20%Source: PWC Worldwide Tax Summaries — Isle of Man (Corporate, Other taxes) · as of 2026-02-06
Difference−15.5 ppIsle of Man higher

Isle of Man's VAT rate is 15.5pp higher than Andorra's (20% vs 4.5%). The 181-country average is 15%: Andorra sits below it, Isle of Man sits above it. Andorra's figure is dated 2014-07-30 and Isle of Man's 2026-02-06, so the two rates come from different data vintages.

Capital Gains Tax

Andorra's capital gains tax rate is identical to Isle of Man's — both sit at 0%. The 175-country average is 10.3%: both sit below it. Andorra's figure is dated 2023-01-19 and Isle of Man's 2026-02-06, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax, Wealth Tax.