IM · EuropeLT · Europe
Isle of Man vs Lithuania: tax rates compared
Between the two, Lithuania's income tax rate (32%) tops Isle of Man's (21%) by 11pp. The 200-country average is 28%: Isle of Man sits below it, Lithuania sits above it. Isle of Man's figure is dated 2026-02-06 and Lithuania'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 | LT | Difference |
|---|---|---|---|
| Income Tax | 21% | 32% | LT +11 pp |
| Corporate Tax | 0% | 16% | LT +16 pp |
| VAT | 20% | 21% | LT +1 pp |
| Capital Gains Tax | 0% | 20% | LT +20 pplargest gap |
| 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 |
| Lithuania | 32% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −11 pp | Lithuania higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Isle of Man | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Lithuania | 16% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −16 pp | Lithuania higher |
Between the two, Lithuania's corporate tax rate (16%) tops Isle of Man's (0%) by 16pp. The 201-country average is 22.6%: both sit below 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 |
| Lithuania | 21% | Source: PWC Worldwide Tax Summaries — Lithuania (Corporate, Other taxes) · as of 2026-03-10 |
| Difference | −1 pp | Lithuania higher |
Between the two, Lithuania's VAT rate (21%) tops Isle of Man's (20%) by 1pp. The 181-country average is 15%: both sit above 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 |
| Lithuania | 20% | Source: PWC Worldwide Tax Summaries — Lithuania (Individual, Income determination) · as of 2026-03-10 |
| Difference | −20 pp | Lithuania higher |
Between the two, Lithuania's capital gains tax rate (20%) tops Isle of Man's (0%) by 20pp. The 175-country average is 10.3%: Isle of Man sits below it, Lithuania 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 |
| Lithuania | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-10 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Isle of Man and Lithuania 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.