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Belize vs Saint Vincent and the Grenadines: tax rates compared
Between the two, Saint Vincent and the Grenadines's income tax rate (28%) tops Belize's (25%) by 3pp. The 200-country average is 28%: Belize sits below it, Saint Vincent and the Grenadines matches the world average. Belize's figure is dated 2025-01-01 and Saint Vincent and the Grenadines's 2024-01-01, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | BZ | VC | Difference |
|---|---|---|---|
| Income Tax | 25% | 28% | VC +3 pp |
| Corporate Tax | 0% | 28% | VC +28 pplargest gap |
| VAT | 12.5% | 16% | VC +3.5 pp |
| Capital Gains Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 25% | Source: Belize Income and Business Tax (Amendment) Act, 2024 (No. 40 of 2024) · as of 2025-01-01 |
| Saint Vincent and the Grenadines | 28% | Source: Saint Vincent and the Grenadines Inland Revenue Department — PAYE Tax Tables (Code 245) · as of 2024-01-01 |
| Difference | −3 pp | Saint Vincent and the Grenadines higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Saint Vincent and the Grenadines | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −28 pp | Saint Vincent and the Grenadines higher |
Between the two, Saint Vincent and the Grenadines's corporate tax rate (28%) tops Belize's (0%) by 28pp. The 201-country average is 22.6%: Belize sits below it, Saint Vincent and the Grenadines sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Belize | 12.5% | Source: Belize Tax Service — General Sales Tax Act (Chapter 63, Revised Edition 2011) · as of 2011-12-31 |
| Saint Vincent and the Grenadines | 16% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Saint Vincent and the Grenadines · as of 2026-01-01 |
| Difference | −3.5 pp | Saint Vincent and the Grenadines higher |
Between the two, Saint Vincent and the Grenadines's VAT rate (16%) tops Belize's (12.5%) by 3.5pp. The 181-country average is 15%: Belize sits below it, Saint Vincent and the Grenadines sits above it. Belize's figure is dated 2011-12-31 and Saint Vincent and the Grenadines's 2026-01-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Belize Income and Business Tax Act (Chapter 55, Revised Edition 2020) · as of 2020-12-31 |
| Saint Vincent and the Grenadines | 0% | Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Belize and Saint Vincent and the Grenadines both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it. Belize's figure is dated 2020-12-31 and Saint Vincent and the Grenadines's 2026-07-19, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Belize Income and Business Tax Act, Chapter 55 (Government of Belize, Attorney General's Ministry) · as of 2026-07-18 |
| Saint Vincent and the Grenadines | 0% | Source: Saint Vincent and the Grenadines Inland Revenue Department — Taxes · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Belize and Saint Vincent and the Grenadines both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.