IM · EuropeTV · Oceania

Isle of Man vs Tuvalu: tax rates compared

Tuvalu's income tax rate is 9pp higher than Isle of Man's (30% vs 21%). The 200-country average is 28%: Isle of Man sits below it, Tuvalu sits above it. Isle of Man's figure is dated 2026-02-06 and Tuvalu's 2023-07-21, 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%VAT4%20%Capital Gains0%Wealth Tax0%
four shared taxes, side by side
Tax IM TVDifference
Income Tax21%30%TV +9 pp
VAT20%4%IM +16 pplargest gap
Capital Gains Tax0%0%match
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
Tuvalu30%Source: Tuvalu Legislation (official government legislation portal) — Income Tax Act, CAP. 26.16 (2022 Revised Edition), Schedule 6 · as of 2023-07-21
Difference−9 ppTuvalu higher

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
Tuvalu4%Source: Consumption Tax Regulations, 2022 Revised Edition (CAP 26.02.1), Tuvalu · as of 2011-12-19
Difference+16 ppIsle of Man higher

Isle of Man's VAT rate is 16pp higher than Tuvalu's (20% vs 4%). The 181-country average is 15%: Isle of Man sits above it, Tuvalu sits below it. Isle of Man's figure is dated 2026-02-06 and Tuvalu's 2011-12-19, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Isle of Man0%Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Income determination) · as of 2026-02-06
Tuvalu0%Source: Tuvalu Income Tax Act (CAP. 26.16), 2022 Revised Edition — Tuvalu Legislation Online · as of 2022-12-31
Difference0 ppdisplayed rates match

Isle of Man's capital gains tax rate is identical to Tuvalu's — both sit at 0%. The 175-country average is 10.3%: both sit below it. Isle of Man's figure is dated 2026-02-06 and Tuvalu's 2022-12-31, 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
Tuvalu0%Source: Tuvalu Income Tax Act 1992 (principal direct-tax statute), via International Center for Not-for-Profit Law mirror · as of 2026-07-18
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Corporate Tax, Crypto Tax.