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Ireland vs Cayman Islands Tax Comparison
Side-by-side comparison of tax rates and systems
Tax Rate Comparison
Rate Comparison
Top Income Tax
Ireland52%
Cayman Islands0%Lower
Corporate Tax
Ireland12.5%
Cayman Islands0%Lower
Capital Gains
Ireland33%
Cayman Islands0%Lower
VAT / Sales Tax
Ireland23%
Cayman Islands0%Lower
| Category | Ireland | Cayman Islands |
|---|---|---|
| Tax System | Progressive | No direct taxation |
| Top Income Tax | 52% | 0% |
| Corporate Tax | 12.5% | 0% |
| Capital Gains | 33% | 0% |
| VAT / Sales Tax | 23% | 0% |
| Crypto Tax | Yes | No |
| Wealth Tax | No | No |
| Tax Treaties | 76 | 0 |
| Currency | EUR | KYD |
The bottom line: Ireland vs Cayman Islands
Cayman Islands has the lower headline rate on 4 of the four main taxes (income, corporate, capital gains and VAT), making it the lighter-taxed of the two on paper. Ireland runs a progressive tax system, while Cayman Islands uses a no direct taxation one. On crypto, Cayman Islands is the more favourable — it does not tax cryptocurrency gains. Ireland has the wider tax-treaty network (76 agreements), which can reduce withholding tax on cross-border income.
- Income tax: Cayman Islands is lower (52% vs 0%)
- Corporate tax: Cayman Islands is lower (12.5% vs 0%)
- Capital gains tax: Cayman Islands is lower (33% vs 0%)
- VAT / sales tax: Cayman Islands is lower (23% vs 0%)