IM · EuropePT · Europe
Isle of Man vs Portugal: tax rates compared
Portugal has an income tax rate of 53%, 32pp above Isle of Man's 21%. The 200-country average is 28%: Isle of Man sits below it, Portugal sits above it. Isle of Man's figure is dated 2026-02-06 and Portugal'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 | PT | Difference |
|---|---|---|---|
| Income Tax | 21% | 53% | PT +32 pplargest gap |
| Corporate Tax | 0% | 30.5% | PT +30.5 pp |
| VAT | 20% | 23% | PT +3 pp |
| Capital Gains Tax | 0% | 28% | PT +28 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 |
| Portugal | 53% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −32 pp | Portugal higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Isle of Man | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Portugal | 30.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −30.5 pp | Portugal higher |
Portugal has a corporate tax rate of 30.5%, 30.5pp above Isle of Man's 0%. The 201-country average is 22.6%: Isle of Man sits below it, Portugal 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 |
| Portugal | 23% | Source: PWC Worldwide Tax Summaries — Portugal (Corporate, Other taxes) · as of 2026-07-24 |
| Difference | −3 pp | Portugal higher |
Portugal has a VAT rate of 23%, 3pp above Isle of Man's 20%. 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 |
| Portugal | 28% | Source: PWC Worldwide Tax Summaries — Portugal (Individual, Income determination) · as of 2026-07-24 |
| Difference | −28 pp | Portugal higher |
Portugal has a capital gains tax rate of 28%, 28pp above Isle of Man's 0%. The 175-country average is 10.3%: Isle of Man sits below it, Portugal 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 |
| Portugal | 0% | Source: PWC Worldwide Tax Summaries — Portugal (Individual, Other taxes) · as of 2026-01-05 |
| Difference | 0 pp | displayed rates match |
Isle of Man and Portugal 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.