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Dominica vs India: tax rates compared

Between the two, Dominica's income tax rate (35%) tops India's (30%) by 5pp. The 200-country average is 28%: both sit above it. Dominica's figure is dated 2018-01-01 and India's 2026-05-12, so the two rates come from different data vintages.

Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income30%35%Corporate25%30%VAT15%18%Capital Gains0%12.5%Crypto0%30%Wealth Tax0%
six shared taxes, side by side
Tax DM INDifference
Income Tax35%30%DM +5 pp
Corporate Tax25%30%IN +5 pp
VAT15%18%IN +3 pp
Capital Gains Tax0%12.5%IN +12.5 pp
Crypto Tax0%30%IN +30 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Dominica35%Source: Commonwealth of Dominica Inland Revenue Division — Current Income Tax Rates · as of 2018-01-01
India30%Source: PWC Worldwide Tax Summaries — India (Individual, Taxes on personal income) · as of 2026-05-12
Difference+5 ppDominica higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Dominica25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
India30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−5 ppIndia higher

Between the two, India's corporate tax rate (30%) tops Dominica's (25%) by 5pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Dominica15%Source: Dominica Inland Revenue Division — Value Added Tax · as of 2006-03-01
India18%Source: PWC Worldwide Tax Summaries — India (Corporate, Other taxes) · as of 2026-05-11
Difference−3 ppIndia higher

Between the two, India's VAT rate (18%) tops Dominica's (15%) by 3pp. The 181-country average is 15%: Dominica matches the world average, India sits above it. Dominica's figure is dated 2006-03-01 and India's 2026-05-11, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Dominica0%Source: Commonwealth of Dominica Inland Revenue Division — Personal Income Tax / Current Income Tax Rates · as of 2026-07-19
India12.5%Source: PWC Worldwide Tax Summaries — India (Individual, Other taxes) · as of 2024-07-23
Difference−12.5 ppIndia higher

Between the two, India's capital gains tax rate (12.5%) tops Dominica's (0%) by 12.5pp. The 175-country average is 10.3%: Dominica sits below it, India sits above it. Dominica's figure is dated 2026-07-19 and India's 2024-07-23, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Dominica0%Source: Commonwealth of Dominica Inland Revenue Division — Personal Income Tax · as of 2026-07-19
India30%Source: Ministry of Finance, Government of India — Memorandum Explaining the Provisions in the Finance Bill 2022 · as of 2023-04-01
Difference−30 ppIndia higher

Between the two, India's crypto tax rate (30%) tops Dominica's (0%) by 30pp. The 88-country average is 13%: Dominica sits below it, India sits above it. Dominica's figure is dated 2026-07-19 and India's 2023-04-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Dominica0%Source: Dominica Inland Revenue Division — Tax Laws · as of 2026-07-18
India0%Source: PWC Worldwide Tax Summaries — India (Individual, Other taxes) · as of 2026-05-12
Difference0 ppdisplayed rates match

There's no gap here — Dominica and India both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.