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Cape Verde vs Grenada: tax rates compared
Between the two, Grenada's income tax rate (30%) tops Cape Verde's (27.5%) by 2.5pp. The 200-country average is 28%: Cape Verde sits below it, Grenada sits above it.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | CV | GD | Difference |
|---|---|---|---|
| Income Tax | 27.5% | 30% | GD +2.5 pp |
| Corporate Tax | 21.4% | 28% | GD +6.6 pplargest gap |
| VAT | 15% | 15% | match |
| Capital Gains Tax | 1% | 0% | CV +1 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 27.5% | Source: PWC Worldwide Tax Summaries — Cabo Verde (Individual, Taxes on personal income) · as of 2026-05-29 |
| Grenada | 30% | Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20 |
| Difference | −2.5 pp | Grenada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 21.4% | 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 | −6.6 pp | Grenada higher |
Between the two, Grenada's corporate tax rate (28%) tops Cape Verde's (21.4%) by 6.6pp. The 201-country average is 22.6%: Cape Verde sits below it, Grenada sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 15% | Source: PWC Worldwide Tax Summaries — Cabo Verde (Corporate, Other taxes) · as of 2026-05-29 |
| Grenada | 15% | Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Cape Verde and Grenada both post a VAT rate of 15%. The 181-country average is 15%: Cape Verde matches the world average, Grenada matches the world average. Cape Verde's figure is dated 2026-05-29 and Grenada's 2010-02-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 1% | Source: PWC Worldwide Tax Summaries — Cabo Verde (Individual, Income determination) · as of 2026-05-29 |
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Difference | +1 pp | Cape Verde higher |
Between the two, Cape Verde's capital gains tax rate (1%) tops Grenada's (0%) by 1pp. The 175-country average is 10.3%: both sit below it.
Not covered for both countries yet: Crypto Tax, Wealth Tax.