5 Countries with the Lowest Corporate Tax Rates

Page 5 of 5

1. Isle of Man

Latest & Lowest Corporate Tax Rate: 0%

The Isle of Man is a self governing U.K. territory whose Lieutenant Governor is elected by the British Crown. The standard corporate tax in the country is 0%; however, banks are taxed at 10% while rental income is taxed at 20%. This has led to the country having a per capita income of a whopping $84,600 despite being one of the smallest nations in the world.

Disclosure: None. You can also take a peek at 11 Best Agriculture Stocks To Buy Now and 12 Best Holding Company Stocks To Invest In.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Follow Insider Monkey on Twitter

Page 5 of 5