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Armenia vs Saint Vincent and the Grenadines: tax rates compared

Saint Vincent and the Grenadines's income tax rate is 8pp higher than Armenia's (28% vs 20%). The 200-country average is 28%: Armenia sits below it, Saint Vincent and the Grenadines matches the world average. Armenia's figure is dated 2023-01-01 and Saint Vincent and the Grenadines's 2024-01-01, so the two rates come from different data vintages.

Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income20%28%Corporate18%28%VAT16%20%Capital Gains0%Crypto0%Wealth Tax0%
six shared taxes, side by side
Tax AM VCDifference
Income Tax20%28%VC +8 pp
Corporate Tax18%28%VC +10 pplargest gap
VAT20%16%AM +4 pp
Capital Gains Tax0%0%match
Crypto Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Armenia20%Source: EY Worldwide Personal Tax and Immigration Guide (March 2026) — Armenia · as of 2023-01-01
Saint Vincent and the Grenadines28%Source: Saint Vincent and the Grenadines Inland Revenue Department — PAYE Tax Tables (Code 245) · as of 2024-01-01
Difference−8 ppSaint Vincent and the Grenadines higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Armenia18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Saint Vincent and the Grenadines28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−10 ppSaint Vincent and the Grenadines higher

Saint Vincent and the Grenadines's corporate tax rate is 10pp higher than Armenia's (28% vs 18%). The 201-country average is 22.6%: Armenia sits below it, Saint Vincent and the Grenadines sits above it.

VAT

VAT, side by side
CountryRateSource
Armenia20%Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30
Saint Vincent and the Grenadines16%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Saint Vincent and the Grenadines · as of 2026-01-01
Difference+4 ppArmenia higher

Armenia's VAT rate is 4pp higher than Saint Vincent and the Grenadines's (20% vs 16%). The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Armenia0%Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Armenia · as of 2025-10-01
Saint Vincent and the Grenadines0%Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · as of 2026-07-19
Difference0 ppdisplayed rates match

Armenia's capital gains tax rate is identical to Saint Vincent and the Grenadines's — both sit at 0%. The 175-country average is 10.3%: both sit below it. Armenia's figure is dated 2025-10-01 and Saint Vincent and the Grenadines's 2026-07-19, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Armenia0%Source: IMF Fiscal Affairs Department — Republic of Armenia: Tax Compliance and Crypto Assets (Technical Assistance Report, July 2024) · as of 2024-07-01
Saint Vincent and the Grenadines0%Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · as of 2026-07-19
Difference0 ppdisplayed rates match

Armenia's crypto tax rate is identical to Saint Vincent and the Grenadines's — both sit at 0%. The 88-country average is 13%: both sit below it. Armenia's figure is dated 2024-07-01 and Saint Vincent and the Grenadines's 2026-07-19, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Armenia0%Source: PWC Worldwide Tax Summaries — Armenia (Net wealth/worth tax rates) · as of 2026-06-30
Saint Vincent and the Grenadines0%Source: Saint Vincent and the Grenadines Inland Revenue Department — Taxes · as of 2026-07-18
Difference0 ppdisplayed rates match

Armenia's wealth tax rate is identical to Saint Vincent and the Grenadines's — both sit at 0%. The 193-country average is 0.1%: both sit below it.