GE · AsiaIM · Europe

Georgia vs Isle of Man: tax rates compared

Isle of Man has an income tax rate of 21%, 1pp above Georgia's 20%. The 200-country average is 28%: both sit 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

0102030405060Income20%21%Corporate0%15%VAT18%20%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax GE IMDifference
Income Tax20%21%IM +1 pp
Corporate Tax15%0%GE +15 pplargest gap
VAT18%20%IM +2 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Georgia20%Source: Tax Code of Georgia (Legislative Herald of Georgia / matsne.gov.ge), Article 81 · as of 2026-04-01
Isle of Man21%Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Taxes on personal income) · as of 2026-02-06
Difference−1 ppIsle of Man higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Georgia15%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+15 ppGeorgia higher

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

VAT

VAT, side by side
CountryRateSource
Georgia18%Source: PWC Worldwide Tax Summaries — Georgia (Corporate, Other taxes) · as of 2026-01-21
Isle of Man20%Source: PWC Worldwide Tax Summaries — Isle of Man (Corporate, Other taxes) · as of 2026-02-06
Difference−2 ppIsle of Man higher

Isle of Man has a VAT rate of 20%, 2pp above Georgia's 18%. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Georgia0%Source: Tax Code of Georgia (Legislative Herald of Georgia / matsne.gov.ge), Articles 81-82 · as of 2026-04-01
Isle of Man0%Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Income determination) · as of 2026-02-06
Difference0 ppdisplayed rates match

Georgia and Isle of Man share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Georgia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-01-21
Isle of Man0%Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Other taxes) · as of 2026-02-06
Difference0 ppdisplayed rates match

Georgia 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.