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Belgium vs Isle of Man: tax rates compared

Belgium has an income tax rate of 52.7%, 31.7pp above Isle of Man's 21%. The 200-country average is 28%: Belgium sits above it, Isle of Man sits below it. Belgium's figure is dated 2025-01-01 and Isle of Man's 2026-02-06, so the two rates come from different data vintages.

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

At a glance

0102030405060Income21%52.7%Corporate0%25%VAT20%21%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax BE IMDifference
Income Tax52.7%21%BE +31.7 pplargest gap
Corporate Tax25%0%BE +25 pp
VAT21%20%BE +1 pp
Capital Gains Tax10%0%BE +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Belgium52.7%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Isle of Man21%Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Taxes on personal income) · as of 2026-02-06
Difference+31.7 ppBelgium higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belgium25%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+25 ppBelgium higher

Belgium has a corporate tax rate of 25%, 25pp above Isle of Man's 0%. The 201-country average is 22.6%: Belgium sits above it, Isle of Man sits below it.

VAT

VAT, side by side
CountryRateSource
Belgium21%Source: PWC Worldwide Tax Summaries — Belgium (Corporate, Other taxes) · as of 2026-02-13
Isle of Man20%Source: PWC Worldwide Tax Summaries — Isle of Man (Corporate, Other taxes) · as of 2026-02-06
Difference+1 ppBelgium higher

Belgium has a VAT rate of 21%, 1pp above Isle of Man's 20%. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Belgium10%Source: KPMG TaxNewsFlash — Belgium: New capital gains tax approved by Parliament · as of 2026-01-01
Isle of Man0%Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Income determination) · as of 2026-02-06
Difference+10 ppBelgium higher

Belgium has a capital gains tax rate of 10%, 10pp above Isle of Man's 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Belgium0%Source: PWC Worldwide Tax Summaries — Belgium (Individual, Other taxes) · as of 2026-02-13
Isle of Man0%Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Other taxes) · as of 2026-02-06
Difference0 ppdisplayed rates match

Belgium and Isle of Man share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.