VG · Americas · USD

British Virgin Islands

Tax rates

0102030405060World avg (corporate) 22.6%Income · Corporate · VAT · Capital Gains · Crypto · Wealth Tax — 0%

Estimate your income tax on a salary with the income tax calculator.

Notes

Income Tax

The British Virgin Islands levies no general personal income tax. The government's official list of Inland Revenue Department taxes includes Payroll Tax, Property Tax, and similar duties, but no general income tax or capital gains tax.

VAT

No VAT, sales tax, or general consumption tax is levied in the British Virgin Islands. The Inland Revenue Department administers payroll tax, stamp duty, and other specific levies, but no general tax on the sale of goods or services.

Capital Gains Tax

The British Virgin Islands levies no income tax on individuals. The government's official list of Inland Revenue Department taxes covers only property tax, payroll tax, stamp duty, and similar duties, with no tax on capital gains or general income.

Crypto Tax

The British Virgin Islands levies no income tax on individuals. The Inland Revenue Department's official list of taxes covers only payroll tax, property tax, hotel accommodation tax, liquor licence tax, cheque duty, and similar duties, with no tax on capital gains, crypto assets, or general income.

Wealth Tax

No net wealth tax is levied in the British Virgin Islands. The official BVI Government's Inland Revenue Department services listing enumerates the taxes and duties it administers — Cheque Duty Tax, Hotel Accommodation Tax, Liquor License Tax, Payroll Tax, Property Tax, and Self-Drive Motor Vehicle Rental Tax, plus certificate and compliance services — with no income tax and no net wealth tax among them, consistent with BVI's status as a jurisdiction with no direct income tax.