GE · AsiaGD · Americas

Georgia vs Grenada: tax rates compared

Between the two, Grenada's income tax rate (30%) tops Georgia's (20%) by 10pp. The 200-country average is 28%: Georgia sits below it, Grenada sits above it.

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

0102030405060Income20%30%Corporate15%28%VAT15%18%Capital Gains0%Crypto0%
five shared taxes, side by side
Tax GE GDDifference
Income Tax20%30%GD +10 pp
Corporate Tax15%28%GD +13 pplargest gap
VAT18%15%GE +3 pp
Capital Gains Tax0%0%match
Crypto Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Georgia20%Source: Tax Code of Georgia (Legislative Herald of Georgia / matsne.gov.ge), Article 81 · as of 2026-04-01
Grenada30%Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20
Difference−10 ppGrenada higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Georgia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Grenada28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−13 ppGrenada higher

Between the two, Grenada's corporate tax rate (28%) tops Georgia's (15%) by 13pp. The 201-country average is 22.6%: Georgia sits below it, Grenada sits above it.

VAT

VAT, side by side
CountryRateSource
Georgia18%Source: PWC Worldwide Tax Summaries — Georgia (Corporate, Other taxes) · as of 2026-01-21
Grenada15%Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01
Difference+3 ppGeorgia higher

Between the two, Georgia's VAT rate (18%) tops Grenada's (15%) by 3pp. The 181-country average is 15%: Georgia sits above it, Grenada matches the world average. Georgia's figure is dated 2026-01-21 and Grenada's 2010-02-01, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Georgia0%Source: Tax Code of Georgia (Legislative Herald of Georgia / matsne.gov.ge), Articles 81-82 · as of 2026-04-01
Grenada0%Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Difference0 ppdisplayed rates match

There's no gap here — Georgia and Grenada both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Georgia0%Source: Ministry of Finance of Georgia — Public Ruling No. 201 (28 June 2019), on the taxation of crypto-assets · as of 2019-06-28
Grenada0%Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Difference0 ppdisplayed rates match

There's no gap here — Georgia and Grenada both post a crypto tax rate of 0%. The 88-country average is 13%: both sit below it. Georgia's figure is dated 2019-06-28 and Grenada's 2026-07-19, so the two rates come from different data vintages.

Not covered for both countries yet: Wealth Tax.