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Dominica vs Grenada: tax rates compared
Dominica has an income tax rate of 35%, 5pp above Grenada's 30%. The 200-country average is 28%: both sit above it. Dominica's figure is dated 2018-01-01 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 | DM | GD | Difference |
|---|---|---|---|
| Income Tax | 35% | 30% | DM +5 pplargest gap |
| Corporate Tax | 25% | 28% | GD +3 pp |
| VAT | 15% | 15% | match |
| Capital Gains Tax | 0% | 0% | match |
| Crypto Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Dominica | 35% | Source: Commonwealth of Dominica Inland Revenue Division — Current Income Tax Rates · as of 2018-01-01 |
| Grenada | 30% | Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20 |
| Difference | +5 pp | Dominica higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Dominica | 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 Dominica's 25%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Dominica | 15% | Source: Dominica Inland Revenue Division — Value Added Tax · as of 2006-03-01 |
| Grenada | 15% | Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01 |
| Difference | 0 pp | displayed rates match |
Dominica and Grenada share the same VAT rate: 15%. The 181-country average is 15%: Dominica matches the world average, Grenada matches the world average. Dominica's figure is dated 2006-03-01 and Grenada's 2010-02-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Dominica | 0% | Source: Commonwealth of Dominica Inland Revenue Division — Personal Income Tax / Current Income Tax Rates · as of 2026-07-19 |
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
Dominica and Grenada share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Dominica | 0% | Source: Commonwealth of Dominica Inland Revenue Division — Personal Income Tax · as of 2026-07-19 |
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
Dominica and Grenada share the same crypto tax rate: 0%. The 88-country average is 13%: both sit below it.
Not covered for both countries yet: Wealth Tax.