DO · AmericasGD · Americas
Dominican Republic vs Grenada: tax rates compared
Between the two, Grenada's income tax rate (30%) tops Dominican Republic's (25%) by 5pp. The 200-country average is 28%: Dominican Republic sits below it, Grenada sits above it. Dominican Republic's figure is dated 2025-12-05 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 | DO | GD | Difference |
|---|---|---|---|
| Income Tax | 25% | 30% | GD +5 pp |
| Corporate Tax | 27% | 28% | GD +1 pp |
| VAT | 18% | 15% | DO +3 pp |
| Capital Gains Tax | 25% | 0% | DO +25 pplargest gap |
| Crypto Tax | 25% | 0% | DO +25 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Dominican Republic | 25% | Source: PwC Worldwide Tax Summaries — Dominican Republic, Individual - Taxes on personal income · as of 2025-12-05 |
| Grenada | 30% | Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20 |
| Difference | −5 pp | Grenada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Dominican Republic | 27% | 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 | −1 pp | Grenada higher |
Between the two, Grenada's corporate tax rate (28%) tops Dominican Republic's (27%) by 1pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Dominican Republic | 18% | Source: PWC Worldwide Tax Summaries — Dominican Republic (Corporate, Other taxes) · as of 2025-12-05 |
| Grenada | 15% | Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01 |
| Difference | +3 pp | Dominican Republic higher |
Between the two, Dominican Republic's VAT rate (18%) tops Grenada's (15%) by 3pp. The 181-country average is 15%: Dominican Republic sits above it, Grenada matches the world average. Dominican Republic's figure is dated 2025-12-05 and Grenada's 2010-02-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Dominican Republic | 25% | Source: PwC Worldwide Tax Summaries — Dominican Republic, Individual - Taxes on personal income · as of 2025-12-05 |
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Difference | +25 pp | Dominican Republic higher |
Between the two, Dominican Republic's capital gains tax rate (25%) tops Grenada's (0%) by 25pp. The 175-country average is 10.3%: Dominican Republic sits above it, Grenada sits below it. Dominican Republic's figure is dated 2025-12-05 and Grenada's 2026-07-19, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Dominican Republic | 25% | Source: Dirección General de Impuestos Internos (DGII) — Consulta 6, Tratamiento fiscal para las criptomonedas · as of 2021-12-23 |
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Difference | +25 pp | Dominican Republic higher |
Between the two, Dominican Republic's crypto tax rate (25%) tops Grenada's (0%) by 25pp. The 88-country average is 13%: Dominican Republic sits above it, Grenada sits below it. Dominican Republic's figure is dated 2021-12-23 and Grenada's 2026-07-19, so the two rates come from different data vintages.
Not covered for both countries yet: Wealth Tax.