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Belize vs British Virgin Islands: tax rates compared

Belize has an income tax rate of 25%, 25pp above British Virgin Islands's 0%. The 200-country average is 28%: both sit below it. Belize's figure is dated 2025-01-01 and British Virgin Islands's 2026-07-20, 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

0102030405060Income0%25%Corporate0%VAT0%12.5%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax BZ VGDifference
Income Tax25%0%BZ +25 pplargest gap
Corporate Tax0%0%match
VAT12.5%0%BZ +12.5 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Belize25%Source: Belize Income and Business Tax (Amendment) Act, 2024 (No. 40 of 2024) · as of 2025-01-01
British Virgin Islands0%Source: Government of the Virgin Islands — All Government Services (Inland Revenue Department tax listing) · as of 2026-07-20
Difference+25 ppBelize higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belize0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
British Virgin Islands0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Belize and British Virgin Islands share the same corporate tax rate: 0%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Belize12.5%Source: Belize Tax Service — General Sales Tax Act (Chapter 63, Revised Edition 2011) · as of 2011-12-31
British Virgin Islands0%Source: Government of the Virgin Islands — Inland Revenue Department · as of 2026-07-19
Difference+12.5 ppBelize higher

Belize has a VAT rate of 12.5%, 12.5pp above British Virgin Islands's 0%. The 181-country average is 15%: both sit below it. Belize's figure is dated 2011-12-31 and British Virgin Islands's 2026-07-19, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Belize0%Source: Belize Income and Business Tax Act (Chapter 55, Revised Edition 2020) · as of 2020-12-31
British Virgin Islands0%Source: Government of the Virgin Islands — All Government Services (Inland Revenue Department tax listing) · as of 2026-07-19
Difference0 ppdisplayed rates match

Belize and British Virgin Islands share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Belize's figure is dated 2020-12-31 and British Virgin Islands's 2026-07-19, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Belize0%Source: Belize Income and Business Tax Act, Chapter 55 (Government of Belize, Attorney General's Ministry) · as of 2026-07-18
British Virgin Islands0%Source: Government of the Virgin Islands — Inland Revenue Department services listing · as of 2026-07-18
Difference0 ppdisplayed rates match

Belize and British Virgin Islands 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.