Isle of Man Tax-Exempt Income (2025)

Most Corporate Income:

• The standard corporate income tax rate is 0%. Therefore, most corporate income is effectively tax-exempt.

Capital Gains:

• Capital gains are not taxed in the Isle of Man. Therefore, all capital gains are tax-exempt.

Inheritance Income:

• There is no inheritance tax in the Isle of Man. Therefore, inheritance income is tax-exempt.

Specific Interest Income

• While there is no general withholding tax on interest, there may be specific situations where interest income is exempt due to double taxation agreements.

Specific Dividend Income:

• While there is no general withholding tax on dividends, there may be specific situations where dividend income is exempt due to double taxation agreements.

Income Exempt Under Double Taxation Agreements (DTAs):

• Income may be exempt based on specific provisions within Double Taxation Agreements (DTAs) that the Isle of Man has with other countries.
• The applicability of DTAA exemptions depends on the individual's or entity's residency status and the nature of the income.

Income from specific collective investment schemes:

• Income from specific collective investment schemes may be exempt.

Income from specific shipping activities:

• Income from specific shipping activities may be exempt.