KY · AmericasPS · Asia

Cayman Islands vs Palestine: tax rates compared

Palestine has an income tax rate of 15%, 15pp above Cayman Islands's 0%. The 200-country average is 28%: both sit below it.

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

0102030405060Income0%15%Corporate0%15%VAT0%16%Wealth Tax0%
four shared taxes, side by side
Tax KY PSDifference
Income Tax0%15%PS +15 pp
Corporate Tax0%15%PS +15 pp
VAT0%16%PS +16 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Cayman Islands0%Source: PWC Worldwide Tax Summaries — Cayman Islands (Individual, Taxes on personal income) · as of 2026-05-29
Palestine15%Source: PWC Worldwide Tax Summaries — Palestinian territories (Individual, Taxes on personal income) · as of 2026-02-09
Difference−15 ppPalestine higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Cayman Islands0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Palestine15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−15 ppPalestine higher

Palestine has a corporate tax rate of 15%, 15pp above Cayman Islands's 0%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Cayman Islands0%Source: PWC Worldwide Tax Summaries — Cayman Islands (Corporate, Other taxes) · as of 2026-05-29
Palestine16%Source: PWC Worldwide Tax Summaries — Palestinian territories (Corporate, Other taxes) · as of 2026-02-09
Difference−16 ppPalestine higher

Palestine has a VAT rate of 16%, 16pp above Cayman Islands's 0%. The 181-country average is 15%: Cayman Islands sits below it, Palestine sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Cayman Islands0%Source: PWC Worldwide Tax Summaries — Cayman Islands (Individual, Other taxes) · as of 2026-05-29
Palestine0%Source: PWC Worldwide Tax Summaries — Palestinian Territories (Individual, Other taxes) · as of 2026-02-09
Difference0 ppdisplayed rates match

Cayman Islands and Palestine share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.