Isle of Man or United States: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Lighter: Isle of Man, ahead by 2.2 FiScore points.

Tax Isle of Man United States Gap
Corporate income tax headline rate 0% 21% −21.0 points
Personal income tax top bracket 10% to 20% 10% to 37% −17.0 points
VAT standard rate 20% 11.73% +8.3 points

Detailed schedules

Corporate income tax

Isle of Man

Standard companies 0%
Deposit bank and retail banking over £500,000 profit 10%
Real estate income located on the island 20%

United States

Federal tax 21%
State tax 0% to over 9% depending on the state n/a