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Grenada vs Hungary: tax rates compared
Grenada has an income tax rate of 30%, 15pp above Hungary's 15%. The 200-country average is 28%: Grenada sits above it, Hungary sits below it. Grenada's figure is dated 2026-07-20 and Hungary's 2025-01-01, 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 | GD | HU | Difference |
|---|---|---|---|
| Income Tax | 30% | 15% | GD +15 pp |
| Corporate Tax | 28% | 9% | GD +19 pplargest gap |
| VAT | 15% | 27% | HU +12 pp |
| Capital Gains Tax | 0% | 15% | HU +15 pp |
| Crypto Tax | 0% | 15% | HU +15 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 30% | Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20 |
| Hungary | 15% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | +15 pp | Grenada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Hungary | 9% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +19 pp | Grenada higher |
Grenada has a corporate tax rate of 28%, 19pp above Hungary's 9%. The 201-country average is 22.6%: Grenada sits above it, Hungary sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Grenada | 15% | Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01 |
| Hungary | 27% | Source: PWC Worldwide Tax Summaries — Hungary (Corporate, Other taxes) · as of 2025-12-31 |
| Difference | −12 pp | Hungary higher |
Hungary has a VAT rate of 27%, 12pp above Grenada's 15%. The 181-country average is 15%: Grenada matches the world average, Hungary sits above it. Grenada's figure is dated 2010-02-01 and Hungary's 2025-12-31, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Hungary | 15% | Source: PWC Worldwide Tax Summaries — Hungary (Individual, Income determination) · as of 2025-12-31 |
| Difference | −15 pp | Hungary higher |
Hungary has a capital gains tax rate of 15%, 15pp above Grenada's 0%. The 175-country average is 10.3%: Grenada sits below it, Hungary sits above it. Grenada's figure is dated 2026-07-19 and Hungary's 2025-12-31, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Hungary | 15% | Source: PWC Worldwide Tax Summaries — Hungary (Individual, Income determination) · as of 2025-12-31 |
| Difference | −15 pp | Hungary higher |
Hungary has a crypto tax rate of 15%, 15pp above Grenada's 0%. The 88-country average is 13%: Grenada sits below it, Hungary sits above it. Grenada's figure is dated 2026-07-19 and Hungary's 2025-12-31, so the two rates come from different data vintages.
Not covered for both countries yet: Wealth Tax.