Morocco or U.S. Virgin Islands: which taxes less?

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

Level pegging: Morocco and U.S. Virgin Islands weigh about the same on the taxpayer.

Tax Morocco U.S. Virgin Islands Gap
Corporate income tax headline rate 20% 21% to 23.1% −3.1 points
Personal income tax top bracket 0% to 37% 10% to 37% Same rate
VAT standard rate 20% 20% Same rate

Detailed schedules

Corporate income tax

Morocco

Profit under 100 M MAD 20%
Profit of 100 M MAD and over 35%
Banks and insurance Bank Al-Maghrib, CDG, insurance and reinsurance 40%

U.S. Virgin Islands

n/a