IM · EuropeJP · Asia
Isle of Man vs Japan: tax rates compared
Between the two, Japan's income tax rate (55.9%) tops Isle of Man's (21%) by 34.9pp. The 200-country average is 28%: Isle of Man sits below it, Japan sits above it. Isle of Man's figure is dated 2026-02-06 and Japan's 2025-01-01, so the two rates come from different data vintages.
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 | IM | JP | Difference |
|---|---|---|---|
| Income Tax | 21% | 55.9% | JP +34.9 pplargest gap |
| Corporate Tax | 0% | 29.7% | JP +29.7 pp |
| VAT | 20% | 10% | IM +10 pp |
| Capital Gains Tax | 0% | 20.3% | JP +20.3 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Isle of Man | 21% | Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Taxes on personal income) · as of 2026-02-06 |
| Japan | 55.9% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −34.9 pp | Japan higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Isle of Man | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Japan | 29.7% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −29.7 pp | Japan higher |
Between the two, Japan's corporate tax rate (29.7%) tops Isle of Man's (0%) by 29.7pp. The 201-country average is 22.6%: Isle of Man sits below it, Japan sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Isle of Man | 20% | Source: PWC Worldwide Tax Summaries — Isle of Man (Corporate, Other taxes) · as of 2026-02-06 |
| Japan | 10% | Source: PWC Worldwide Tax Summaries — Japan (Corporate, Other taxes) · as of 2026-01-13 |
| Difference | +10 pp | Isle of Man higher |
Between the two, Isle of Man's VAT rate (20%) tops Japan's (10%) by 10pp. The 181-country average is 15%: Isle of Man sits above it, Japan sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Isle of Man | 0% | Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Income determination) · as of 2026-02-06 |
| Japan | 20.3% | Source: PWC Worldwide Tax Summaries — Japan (Individual, Income determination) · as of 2026-01-13 |
| Difference | −20.3 pp | Japan higher |
Between the two, Japan's capital gains tax rate (20.3%) tops Isle of Man's (0%) by 20.3pp. The 175-country average is 10.3%: Isle of Man sits below it, Japan sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Isle of Man | 0% | Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Other taxes) · as of 2026-02-06 |
| Japan | 0% | Source: PWC Worldwide Tax Summaries — Japan (Individual, Other taxes) · as of 2026-01-13 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Isle of Man and Japan both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.