Corporate income tax (CIT) - statutory and targeted small business in Isle of Man
Isle of Man: 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 Isle of Man, 2000–2026
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
The most recent figure for corporate income tax (cit) - statutory and targeted small business in Isle of Man is 0 Percentage of taxable income, measured in 2026. 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 Isle of Man peaked at 20 Percentage of taxable income in 2000 and was at its lowest, 0 Percentage of taxable income, in 2006.
Isle of Man ranks 119th of 128 countries on this measure, 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 Isle of Man, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2000 | 20 Percentage of taxable income | — |
| 2001 | 18 Percentage of taxable income | -10.0% |
| 2002 | 18 Percentage of taxable income | +0.0% |
| 2003 | 18 Percentage of taxable income | +0.0% |
| 2004 | 18 Percentage of taxable income | +0.0% |
| 2005 | 18 Percentage of taxable income | +0.0% |
| 2006 | 0 Percentage of taxable income | -100.0% |
| 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 | — |
Isle of Man compared with similar countries
- Isle of Man'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)
- Isle of Man's 0 Percentage of taxable income is below the median for Europe & Central Asia, which is 19.74 Percentage of taxable income. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11 Percentage of taxable income | 0 Percentage of taxable income | 20 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 Isle of Man
- 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 British Virgin Islands 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 Isle of Man
- Taxes less subsidies on products (current US$), per capita 264.41 current US$ per person (2023)
- Net primary income (Net income from abroad) (current LCU), annual 70 % change on previous year (2023)
- Taxes less subsidies on products (current US$), annual growth rate -5.38 % change on previous year (2023)
- Industry (including construction), value added (constant LCU), annual 5.4 % change on previous year (2023)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0029 current US$ per US$ of GDP (2023)
- Industry (including construction), value added (constant 2015 US$) 6,281 constant 2015 US$ per person (2023)
- Taxes less subsidies on products (current LCU), per capita 212.72 current LCU per person (2023)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0024 current LCU per US$ of GDP (2023)
- Net primary income (Net income from abroad) (current US$), annual 69.74 % change on previous year (2023)
- Taxes less subsidies on products (current LCU), annual growth rate -6.17 % change on previous year (2023)
Frequently asked questions
- What is corporate income tax (cit) - statutory and targeted small business in Isle of Man?
- Corporate income tax (cit) - statutory and targeted small business in Isle of Man 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 Isle of Man?
- The highest recorded value was 20 Percentage of taxable income in 2000.
- What is the lowest corporate income tax (cit) - statutory and targeted small business recorded in Isle of Man?
- The lowest recorded value was 0 Percentage of taxable income in 2006.
- How does Isle of Man rank for corporate income tax (cit) - statutory and targeted small business?
- Isle of Man ranks 119th out of 128 countries with data for 2026.
- Where does this Isle of Man 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.
Download this data
CSV · JSON — 27 observations, free to reuse under OECD Terms and Conditions (attribution required).
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.