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China vs Saint Vincent and the Grenadines: tax rates compared
China has an income tax rate of 45%, 17pp above Saint Vincent and the Grenadines's 28%. The 200-country average is 28%: China sits above it, Saint Vincent and the Grenadines matches the world average. China's figure is dated 2025-12-31 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 | CN | VC | Difference |
|---|---|---|---|
| Income Tax | 45% | 28% | CN +17 pplargest gap |
| Corporate Tax | 25% | 28% | VC +3 pp |
| VAT | 13% | 16% | VC +3 pp |
| Capital Gains Tax | 0% | 0% | match |
| Wealth 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 |
| 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 | +17 pp | China higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| China | 25% | 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 | −3 pp | Saint Vincent and the Grenadines higher |
Saint Vincent and the Grenadines has a corporate tax rate of 28%, 3pp above China's 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 |
| 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 pp | Saint Vincent and the Grenadines higher |
Saint Vincent and the Grenadines has a VAT rate of 16%, 3pp above China's 13%. The 181-country average is 15%: China sits below it, Saint Vincent and the Grenadines sits above it. China's figure is dated 2025-12-31 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 |
|---|---|---|
| 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 |
| 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 |
China and Saint Vincent and the Grenadines share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. China's figure is dated 1998-03-30 and Saint Vincent and the Grenadines's 2026-07-19, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| China | 0% | Source: PWC Worldwide Tax Summaries — China, People's Republic of (Individual, Other taxes) · as of 2025-12-31 |
| 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 |
China and Saint Vincent and the Grenadines share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. China's figure is dated 2025-12-31 and Saint Vincent and the Grenadines's 2026-07-18, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.