IM · EuropeVN · Asia
Isle of Man vs Vietnam: tax rates compared
Vietnam's income tax rate is 14pp higher than Isle of Man's (35% vs 21%). The 200-country average is 28%: Isle of Man sits below it, Vietnam sits above it.
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 | VN | Difference |
|---|---|---|---|
| Income Tax | 21% | 35% | VN +14 pp |
| Corporate Tax | 0% | 20% | VN +20 pplargest gap |
| VAT | 20% | 10% | IM +10 pp |
| Capital Gains Tax | 0% | 0.1% | VN +0.1 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 |
| Vietnam | 35% | Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09 |
| Difference | −14 pp | Vietnam higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Isle of Man | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Vietnam | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −20 pp | Vietnam higher |
Vietnam's corporate tax rate is 20pp higher than Isle of Man's (20% vs 0%). 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 |
| Vietnam | 10% | Source: PWC Worldwide Tax Summaries — Vietnam (Corporate, Other taxes) · as of 2026-03-09 |
| Difference | +10 pp | Isle of Man higher |
Isle of Man's VAT rate is 10pp higher than Vietnam's (20% vs 10%). The 181-country average is 15%: Isle of Man sits above it, Vietnam sits below 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 |
| Vietnam | 0.1% | Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09 |
| Difference | −0.1 pp | Vietnam higher |
Vietnam's capital gains tax rate is 0.1pp higher than Isle of Man's (0.1% vs 0%). The 175-country average is 10.3%: both sit below 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 |
| Vietnam | 0% | Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Other taxes) · as of 2026-03-09 |
| Difference | 0 pp | displayed rates match |
Isle of Man's wealth tax rate is identical to Vietnam's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.