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China vs Grenada: tax rates compared
China's income tax rate is 15pp higher than Grenada's (45% vs 30%). The 200-country average is 28%: both sit above it. China's figure is dated 2025-12-31 and Grenada's 2026-07-20, so the two rates come from different data vintages.
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 | CN | GD | Difference |
|---|---|---|---|
| Income Tax | 45% | 30% | CN +15 pplargest gap |
| Corporate Tax | 25% | 28% | GD +3 pp |
| VAT | 13% | 15% | GD +2 pp |
| Capital Gains Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| China | 45% | Source: PWC Worldwide Tax Summaries — China, People's Republic of (Individual, Taxes on personal income) · as of 2025-12-31 |
| Grenada | 30% | Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20 |
| Difference | +15 pp | China higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| China | 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's corporate tax rate is 3pp higher than China's (28% vs 25%). The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| China | 13% | Source: PWC Worldwide Tax Summaries — China, People's Republic of (Corporate, Other taxes) · as of 2025-12-31 |
| Grenada | 15% | Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01 |
| Difference | −2 pp | Grenada higher |
Grenada's VAT rate is 2pp higher than China's (15% vs 13%). The 181-country average is 15%: China sits below it, Grenada matches the world average. China's figure is dated 2025-12-31 and Grenada's 2010-02-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| China | 0% | Source: State Taxation Administration Shanxi Provincial Tax Service — Caishuizi [1998] No. 61 (财税字〔1998〕61号) · as of 1998-03-30 |
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
China's capital gains tax rate is identical to Grenada's — both sit at 0%. The 175-country average is 10.3%: both sit below it. China's figure is dated 1998-03-30 and Grenada's 2026-07-19, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax, Wealth Tax.