VG · AmericasCA · Americas
British Virgin Islands vs Canada: tax rates compared
Canada has an income tax rate of 53.5%, 53.5pp above British Virgin Islands's 0%. The 200-country average is 28%: British Virgin Islands sits below it, Canada sits above it. British Virgin Islands's figure is dated 2026-07-20 and Canada's 2025-01-01, so the two rates come from different data vintages.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | VG | CA | Difference |
|---|---|---|---|
| Income Tax | 0% | 53.5% | CA +53.5 pplargest gap |
| Corporate Tax | 0% | 26% | CA +26 pp |
| VAT | 0% | 5% | CA +5 pp |
| Capital Gains Tax | 0% | 27.4% | CA +27.4 pp |
| Crypto Tax | 0% | 27.4% | CA +27.4 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — All Government Services (Inland Revenue Department tax listing) · as of 2026-07-20 |
| Canada | 53.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −53.5 pp | Canada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| British Virgin Islands | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Canada | 26% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −26 pp | Canada higher |
Canada has a corporate tax rate of 26%, 26pp above British Virgin Islands's 0%. The 201-country average is 22.6%: British Virgin Islands sits below it, Canada sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — Inland Revenue Department · as of 2026-07-19 |
| Canada | 5% | Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12 |
| Difference | −5 pp | Canada higher |
Canada has a VAT rate of 5%, 5pp above British Virgin Islands's 0%. The 181-country average is 15%: both sit below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — All Government Services (Inland Revenue Department tax listing) · as of 2026-07-19 |
| Canada | 27.4% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Taxes on personal income) · as of 2026-06-12 |
| Difference | −27.4 pp | Canada higher |
Canada has a capital gains tax rate of 27.4%, 27.4pp above British Virgin Islands's 0%. The 175-country average is 10.3%: British Virgin Islands sits below it, Canada sits above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — All Government Services (Inland Revenue Department tax listing) · as of 2026-07-19 |
| Canada | 27.4% | Source: Canada Revenue Agency — Guide for cryptocurrency users and tax professionals · as of 2023-12-13 |
| Difference | −27.4 pp | Canada higher |
Canada has a crypto tax rate of 27.4%, 27.4pp above British Virgin Islands's 0%. The 88-country average is 13%: British Virgin Islands sits below it, Canada sits above it. British Virgin Islands's figure is dated 2026-07-19 and Canada's 2023-12-13, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — Inland Revenue Department services listing · as of 2026-07-18 |
| Canada | 0% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12 |
| Difference | 0 pp | displayed rates match |
British Virgin Islands and Canada share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.