Corporate income tax (CIT) - statutory and targeted small business in British Virgin Islands
British Virgin Islands: Corporate income tax (CIT) - statutory and targeted small business was 0 Percentage of taxable income in 2026. ◆ Volatile
Corporate income tax (CIT) - statutory and targeted small business in British Virgin Islands, 2000–2026
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
In 2026, corporate income tax (cit) - statutory and targeted small business in British Virgin Islands stood at 0 Percentage of taxable income. That is the lowest value across all 27 years on record.
Over the whole period, corporate income tax (cit) - statutory and targeted small business in British Virgin Islands peaked at 15 Percentage of taxable income in 2000 and was at its lowest, 0 Percentage of taxable income, in 2005.
That places British Virgin Islands 119th out of 128 countries with data for 2026, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Corporate income tax (CIT) - statutory and targeted small business in British Virgin Islands, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2000 | 15 Percentage of taxable income | — |
| 2001 | 15 Percentage of taxable income | +0.0% |
| 2002 | 15 Percentage of taxable income | +0.0% |
| 2003 | 15 Percentage of taxable income | +0.0% |
| 2004 | 15 Percentage of taxable income | +0.0% |
| 2005 | 0 Percentage of taxable income | -100.0% |
| 2006 | 0 Percentage of taxable income | — |
| 2007 | 0 Percentage of taxable income | — |
| 2008 | 0 Percentage of taxable income | — |
| 2009 | 0 Percentage of taxable income | — |
| 2010 | 0 Percentage of taxable income | — |
| 2011 | 0 Percentage of taxable income | — |
| 2012 | 0 Percentage of taxable income | — |
| 2013 | 0 Percentage of taxable income | — |
| 2014 | 0 Percentage of taxable income | — |
| 2015 | 0 Percentage of taxable income | — |
| 2016 | 0 Percentage of taxable income | — |
| 2017 | 0 Percentage of taxable income | — |
| 2018 | 0 Percentage of taxable income | — |
| 2019 | 0 Percentage of taxable income | — |
| 2020 | 0 Percentage of taxable income | — |
| 2021 | 0 Percentage of taxable income | — |
| 2022 | 0 Percentage of taxable income | — |
| 2023 | 0 Percentage of taxable income | — |
| 2024 | 0 Percentage of taxable income | — |
| 2025 | 0 Percentage of taxable income | — |
| 2026 | 0 Percentage of taxable income | — |
British Virgin Islands compared with similar countries
- British Virgin Islands's 0 Percentage of taxable income is below the median for high income countries, which is 21.5 Percentage of taxable income. (60 countries reporting)
- British Virgin Islands's 0 Percentage of taxable income is below the median for Latin America & Caribbean, which is 25 Percentage of taxable income. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.5 Percentage of taxable income | 0 Percentage of taxable income | 15 Percentage of taxable income | 10 |
| 2010s | 0 Percentage of taxable income | 0 Percentage of taxable income | 0 Percentage of taxable income | 10 |
| 2020s | 0 Percentage of taxable income | 0 Percentage of taxable income | 0 Percentage of taxable income | 7 |
Countries ranked near British Virgin Islands
- 116 Barbados 9 Percentage of taxable income compare
- 116 United Arab Emirates 9 Percentage of taxable income compare
- 116 Hungary 9 Percentage of taxable income compare
- 119 Belize 0 Percentage of taxable income compare
- 119 Isle of Man 0 Percentage of taxable income compare
- 119 Guernsey 0 Percentage of taxable income compare
- 119 Jersey 0 Percentage of taxable income compare
- 119 Bahamas 0 Percentage of taxable income
- 119 Bahrain 0 Percentage of taxable income
- 119 Bermuda 0 Percentage of taxable income
- 119 Cayman Islands 0 Percentage of taxable income
- 119 Turks and Caicos Islands 0 Percentage of taxable income
More economy & growth data for British Virgin Islands
- Foreign direct investment, net outflows (BoP, current US$), gaps 59.45 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows 59.45 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1.36 million BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.37 % change on previous year (2024)
- Foreign direct investment, net inflows 53.60 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 53.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1.51 million BoP, current US$ per person (2024)
- Gross Domestic Product — Annual growth Standard Local Currency 3.95 % (2024)
- Gross Domestic Product — Annual growth Standard Local Currency, 2015 3.72 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 1,638 million USD (2024)
Frequently asked questions
- What is corporate income tax (cit) - statutory and targeted small business in British Virgin Islands?
- Corporate income tax (cit) - statutory and targeted small business in British Virgin Islands was 0 Percentage of taxable income in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest corporate income tax (cit) - statutory and targeted small business recorded in British Virgin Islands?
- The highest recorded value was 15 Percentage of taxable income in 2000.
- What is the lowest corporate income tax (cit) - statutory and targeted small business recorded in British Virgin Islands?
- The lowest recorded value was 0 Percentage of taxable income in 2005.
- How does British Virgin Islands rank for corporate income tax (cit) - statutory and targeted small business?
- British Virgin Islands ranks 119th out of 128 countries with data for 2026.
- Where does this British Virgin Islands data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Corporate income tax (CIT) - statutory and targeted small business rates — Combined corporate income tax rate. Statizoid updates them automatically from the source API.
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About this data
Statutory and targeted, sub-central and combined corporate income tax (CIT) rates. Targeted rates of 'small incorporated business' are on the basis of size alone (e.g. number of employees, amount of assets, turnover or taxable income) and not on the basis of expenditures or other targeting criteria. Targeted rates data are only available for OECD member countries.