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Bhutan vs Grenada: tax rates compared
Bhutan and Grenada share the same income tax rate: 30%. The 200-country average is 28%: both sit above it.
Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | BT | GD | Difference |
|---|---|---|---|
| Income Tax | 30% | 30% | match |
| Corporate Tax | 25% | 28% | GD +3 pp |
| VAT | 5% | 15% | GD +10 pplargest gap |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Bhutan | 30% | Source: Bhutan Department of Revenue and Customs, Ministry of Finance — Personal Income Tax (PIT) · as of 2026-07-20 |
| Grenada | 30% | Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20 |
| Difference | 0 pp | displayed rates match |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Bhutan | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Grenada | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −3 pp | Grenada higher |
Grenada has a corporate tax rate of 28%, 3pp above Bhutan's 25%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Bhutan | 5% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Bhutan · as of 2026-01-01 |
| Grenada | 15% | Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01 |
| Difference | −10 pp | Grenada higher |
Grenada has a VAT rate of 15%, 10pp above Bhutan's 5%. The 181-country average is 15%: Bhutan sits below it, Grenada matches the world average. Bhutan's figure is dated 2026-01-01 and Grenada's 2010-02-01, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax, Wealth Tax.