Key implementation point
0% headline CT rate for most businesses — entire GloBE top-up for in-scope IoM entities is captured by QDMTT.
Implementation detail
- 01 Isle of Man enacted QDMTT only, effective 1 January 2024.
- 02 IoM's standard CT rate is 0% for most businesses (10% for banks/land transactions) — QDMTT is highly material.
- 03 IIR not enacted — Isle of Man is not a UPE jurisdiction for in-scope groups.
- 04 IoM Treasury issued QDMTT guidance.
- 05 Qualifying entities include those in the insurance and e-gaming sectors operating under IoM licenses.
Enacted legislation
Income Tax (Amendment) Act 2024
Track Isle of Man rules against your live MNE
In Pillar2OS you can pull this jurisdiction's rules directly into your entity structure — automatically calculating top-up positions, flagging QDMTT obligations, and tracking rule changes as they happen across all your operating countries.
See it in the sandbox →