ET · AfricaIM · Europe
Ethiopia vs Isle of Man: tax rates compared
Ethiopia has an income tax rate of 35%, 14pp above Isle of Man's 21%. The 200-country average is 28%: Ethiopia sits above it, Isle of Man sits below it.
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
| Tax | ET | IM | Difference |
|---|---|---|---|
| Income Tax | 35% | 21% | ET +14 pp |
| Corporate Tax | 30% | 0% | ET +30 pplargest gap |
| VAT | 15% | 20% | IM +5 pp |
| Capital Gains Tax | 15% | 0% | ET +15 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Ethiopia | 35% | Source: PwC Worldwide Tax Summaries — Ethiopia, Individual - Taxes on personal income · as of 2026-07-15 |
| Isle of Man | 21% | Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Taxes on personal income) · as of 2026-02-06 |
| Difference | +14 pp | Ethiopia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Ethiopia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Isle of Man | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +30 pp | Ethiopia higher |
Ethiopia has a corporate tax rate of 30%, 30pp above Isle of Man's 0%. The 201-country average is 22.6%: Ethiopia sits above it, Isle of Man sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Ethiopia | 15% | Source: PWC Worldwide Tax Summaries — Ethiopia (Corporate, Other taxes) · as of 2026-07-15 |
| Isle of Man | 20% | Source: PWC Worldwide Tax Summaries — Isle of Man (Corporate, Other taxes) · as of 2026-02-06 |
| Difference | −5 pp | Isle of Man higher |
Isle of Man has a VAT rate of 20%, 5pp above Ethiopia's 15%. The 181-country average is 15%: Ethiopia matches the world average, Isle of Man sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Ethiopia | 15% | Source: PwC Worldwide Tax Summaries — Ethiopia, Corporate - Other taxes · as of 2026-07-15 |
| Isle of Man | 0% | Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Income determination) · as of 2026-02-06 |
| Difference | +15 pp | Ethiopia higher |
Ethiopia has a capital gains tax rate of 15%, 15pp above Isle of Man's 0%. The 175-country average is 10.3%: Ethiopia sits above it, Isle of Man sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Ethiopia | 0% | Source: PWC Worldwide Tax Summaries — Ethiopia (Individual, Other taxes) · as of 2026-07-15 |
| Isle of Man | 0% | Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Other taxes) · as of 2026-02-06 |
| Difference | 0 pp | displayed rates match |
Ethiopia 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.