IM · EuropeKI · Oceania

Isle of Man vs Kiribati: tax rates compared

Between the two, Kiribati's income tax rate (30%) tops Isle of Man's (21%) by 9pp. The 200-country average is 28%: Isle of Man sits below it, Kiribati sits above it. Isle of Man's figure is dated 2026-02-06 and Kiribati's 2014-01-01, so the two rates come from different data vintages.

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

0102030405060Income21%30%Corporate0%35%VAT12.5%20%Wealth Tax0%
four shared taxes, side by side
Tax IM KIDifference
Income Tax21%30%KI +9 pp
Corporate Tax0%35%KI +35 pplargest gap
VAT20%12.5%IM +7.5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Isle of Man21%Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Taxes on personal income) · as of 2026-02-06
Kiribati30%Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Tax Obligation Pamphlet (January 2026) · as of 2014-01-01
Difference−9 ppKiribati higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Isle of Man0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Kiribati35%Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Tax Obligation Pamphlet (January 2026) · as of 2001-01-01
Difference−35 ppKiribati higher

Between the two, Kiribati's corporate tax rate (35%) tops Isle of Man's (0%) by 35pp. The 201-country average is 22.6%: Isle of Man sits below it, Kiribati sits above it. Isle of Man's figure is dated 2025-01-01 and Kiribati's 2001-01-01, so the two rates come from different data vintages.

VAT

VAT, side by side
CountryRateSource
Isle of Man20%Source: PWC Worldwide Tax Summaries — Isle of Man (Corporate, Other taxes) · as of 2026-02-06
Kiribati12.5%Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Guidelines and Obligations of VAT Registered Businesses · as of 2024-05-31
Difference+7.5 ppIsle of Man higher

Between the two, Isle of Man's VAT rate (20%) tops Kiribati's (12.5%) by 7.5pp. The 181-country average is 15%: Isle of Man sits above it, Kiribati sits below it. Isle of Man's figure is dated 2026-02-06 and Kiribati's 2024-05-31, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Isle of Man0%Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Other taxes) · as of 2026-02-06
Kiribati0%Source: Kiribati Ministry of Finance and Economic Development — Taxation · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Isle of Man and Kiribati 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: Capital Gains Tax, Crypto Tax.