IN · AsiaIM · Europe
India vs Isle of Man: tax rates compared
India has an income tax rate of 30%, 9pp above Isle of Man's 21%. The 200-country average is 28%: India 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 | IN | IM | Difference |
|---|---|---|---|
| Income Tax | 30% | 21% | IN +9 pp |
| Corporate Tax | 30% | 0% | IN +30 pplargest gap |
| VAT | 18% | 20% | IM +2 pp |
| Capital Gains Tax | 12.5% | 0% | IN +12.5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| India | 30% | Source: PWC Worldwide Tax Summaries — India (Individual, Taxes on personal income) · as of 2026-05-12 |
| Isle of Man | 21% | Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Taxes on personal income) · as of 2026-02-06 |
| Difference | +9 pp | India higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| India | 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 | India higher |
India has a corporate tax rate of 30%, 30pp above Isle of Man's 0%. The 201-country average is 22.6%: India sits above it, Isle of Man sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| India | 18% | Source: PWC Worldwide Tax Summaries — India (Corporate, Other taxes) · as of 2026-05-11 |
| Isle of Man | 20% | Source: PWC Worldwide Tax Summaries — Isle of Man (Corporate, Other taxes) · as of 2026-02-06 |
| Difference | −2 pp | Isle of Man higher |
Isle of Man has a VAT rate of 20%, 2pp above India's 18%. The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| India | 12.5% | Source: PWC Worldwide Tax Summaries — India (Individual, Other taxes) · as of 2024-07-23 |
| Isle of Man | 0% | Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Income determination) · as of 2026-02-06 |
| Difference | +12.5 pp | India higher |
India has a capital gains tax rate of 12.5%, 12.5pp above Isle of Man's 0%. The 175-country average is 10.3%: India sits above it, Isle of Man sits below it. India's figure is dated 2024-07-23 and Isle of Man's 2026-02-06, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| India | 0% | Source: PWC Worldwide Tax Summaries — India (Individual, Other taxes) · as of 2026-05-12 |
| 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 |
India 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.