IM · EuropeNR · Oceania

Isle of Man vs Nauru: tax rates compared

Isle of Man's income tax rate is 1pp higher than Nauru's (21% vs 20%). The 200-country average is 28%: both sit below it. Isle of Man's figure is dated 2026-02-06 and Nauru's 2023-07-01, 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

0102030405060Income20%21%Corporate0%25%VAT0%20%Wealth Tax0%
four shared taxes, side by side
Tax IM NRDifference
Income Tax21%20%IM +1 pp
Corporate Tax0%25%NR +25 pplargest gap
VAT20%0%IM +20 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
Nauru20%Source: Nauru Revenue Office, Ministry of Finance — Tax Rates (1 July 2023 - 30 June 2024) · as of 2023-07-01
Difference+1 ppIsle of Man higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Isle of Man0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Nauru25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−25 ppNauru higher

Nauru's corporate tax rate is 25pp higher than Isle of Man's (25% vs 0%). The 201-country average is 22.6%: Isle of Man sits below it, Nauru sits above it.

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
Nauru0%Source: Department of Finance, Republic of Nauru — NRO administered legislation · as of 2026-07-19
Difference+20 ppIsle of Man higher

Isle of Man's VAT rate is 20pp higher than Nauru's (20% vs 0%). The 181-country average is 15%: Isle of Man sits above it, Nauru sits below it.

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
Nauru0%Source: Department of Finance, Republic of Nauru — NRO administered legislation · as of 2026-07-18
Difference0 ppdisplayed rates match

Isle of Man's wealth tax rate is identical to Nauru's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.