Statutory corporate income tax rate in British Virgin Islands
British Virgin Islands: Statutory corporate income tax rate was 0.0% in 2018. ◆ Volatile
Statutory corporate income tax rate in British Virgin Islands, 2000–2018
Source: OECD (2019) – processed by Our World in Data. Measured in %.
Analysis
British Virgin Islands recorded 0.0% for statutory corporate income tax rate in 2018. That is the lowest value across all 19 years on record.
Over the whole period, statutory corporate income tax rate in British Virgin Islands peaked at 15.0% in 2000 and was at its lowest, 0.0%, in 2005.
British Virgin Islands ranks 82nd of 93 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Statutory corporate income tax rate in British Virgin Islands, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 15.0% | — |
| 2001 | 15.0% | +0.0% |
| 2002 | 15.0% | +0.0% |
| 2003 | 15.0% | +0.0% |
| 2004 | 15.0% | +0.0% |
| 2005 | 0.0% | -100.0% |
| 2006 | 0.0% | — |
| 2007 | 0.0% | — |
| 2008 | 0.0% | — |
| 2009 | 0.0% | — |
| 2010 | 0.0% | — |
| 2011 | 0.0% | — |
| 2012 | 0.0% | — |
| 2013 | 0.0% | — |
| 2014 | 0.0% | — |
| 2015 | 0.0% | — |
| 2016 | 0.0% | — |
| 2017 | 0.0% | — |
| 2018 | 0.0% | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.5% | 0.0% | 15.0% | 10 |
| 2010s | 0.0% | 0.0% | 0.0% | 9 |
Countries ranked near British Virgin Islands
- 81 Hungary 9.0% compare
- 82 Anguilla 0.0%
- 82 Bahamas 0.0%
- 82 Bahrain 0.0%
- 82 Bermuda 0.0%
- 82 Cayman Islands 0.0%
- 82 Guernsey 0.0% compare
- 82 Isle of Man 0.0% compare
- 82 Jersey 0.0% compare
- 82 Saudi Arabia 0.0%
- 82 Turks and Caicos Islands 0.0%
- 82 United Arab Emirates 0.0%
More economy & growth data for British Virgin Islands
- Foreign direct investment, net outflows 59.45 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows 53.60 billion BoP, current US$ (2024)
- Gross Fixed Capital Formation — Value US$ 374.56 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 23.86 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 390.8 million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 390.8 million USD (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 95.85 USD (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 95.85 SLC (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 23.86 % (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 1,638 million SLC (2024)
Frequently asked questions
- What is statutory corporate income tax rate in British Virgin Islands?
- Statutory corporate income tax rate in British Virgin Islands was 0.0% in 2018, according to OECD (2019) – processed by Our World in Data.
- What is the highest statutory corporate income tax rate recorded in British Virgin Islands?
- The highest recorded value was 15.0% in 2000.
- What is the lowest statutory corporate income tax rate recorded in British Virgin Islands?
- The lowest recorded value was 0.0% in 2005.
- How does British Virgin Islands rank for statutory corporate income tax rate?
- British Virgin Islands ranks 82nd out of 93 countries with data for 2018.
- Where does this British Virgin Islands data come from?
- The figures come from OECD (2019) – processed by Our World in Data, published as part of Statutory corporate income tax rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Estimates correspond to the combined rates for central and sub-central government levels (i.e. central government corporate tax rate, less deductions for sub-national taxes, plus sub-central corporate tax rate). Figures correspond to the standard rate that is not targeted at particular industries or income types. The top marginal rate is reported if the corporate tax system is progressive.