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Denmark vs Grenada: tax rates compared
Denmark's income tax rate is 25.9pp higher than Grenada's (55.9% vs 30%). The 200-country average is 28%: both sit above it. Denmark's figure is dated 2025-01-01 and Grenada's 2026-07-20, 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 | DK | GD | Difference |
|---|---|---|---|
| Income Tax | 55.9% | 30% | DK +25.9 pp |
| Corporate Tax | 22% | 28% | GD +6 pp |
| VAT | 25% | 15% | DK +10 pp |
| Capital Gains Tax | 42% | 0% | DK +42 pp |
| Crypto Tax | 57% | 0% | DK +57 pplargest gap |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Denmark | 55.9% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Grenada | 30% | Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20 |
| Difference | +25.9 pp | Denmark higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Denmark | 22% | 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 pp | Grenada higher |
Grenada's corporate tax rate is 6pp higher than Denmark's (28% vs 22%). The 201-country average is 22.6%: Denmark sits below it, Grenada sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Denmark | 25% | Source: PWC Worldwide Tax Summaries — Denmark (Corporate, Other taxes) · as of 2026-02-25 |
| Grenada | 15% | Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01 |
| Difference | +10 pp | Denmark higher |
Denmark's VAT rate is 10pp higher than Grenada's (25% vs 15%). The 181-country average is 15%: Denmark sits above it, Grenada matches the world average. Denmark's figure is dated 2026-02-25 and Grenada's 2010-02-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Denmark | 42% | Source: PwC Worldwide Tax Summaries — Denmark, Individual - Taxes on personal income · as of 2026-06-25 |
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Difference | +42 pp | Denmark higher |
Denmark's capital gains tax rate is 42pp higher than Grenada's (42% vs 0%). The 175-country average is 10.3%: Denmark sits above it, Grenada sits below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Denmark | 57% | Source: Skattestyrelsen, Den juridiske vejledning C.C.2.1.3.3.5.1 — Generelt om krypto · as of 2026-07-19 |
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Difference | +57 pp | Denmark higher |
Denmark's crypto tax rate is 57pp higher than Grenada's (57% vs 0%). The 88-country average is 13%: Denmark sits above it, Grenada sits below it.
Not covered for both countries yet: Wealth Tax.