Grenada vs Iraq: tax rates compared

Income Tax

Income Tax, side by side

Country	Rate	Source
Grenada	30%	Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20
Iraq	15%	Source: PWC Worldwide Tax Summaries — Iraq (Individual, Taxes on personal income) · as of 2026-06-24
Difference	+15 pp	Grenada higher

Corporate Tax

Corporate Tax, side by side

Country	Rate	Source
Grenada	28%	Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Iraq	15%	Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference	+13 pp	Grenada higher

Grenada has a corporate tax rate of 28%, 13pp above Iraq's 15%. The 201-country average is 22.6%: Grenada sits above it, Iraq sits below it.

VAT

VAT, side by side

Country	Rate	Source
Grenada	15%	Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01
Iraq	0%	Source: PWC Worldwide Tax Summaries — Iraq (Corporate, Other taxes) · as of 2026-06-24
Difference	+15 pp	Grenada higher

Grenada has a VAT rate of 15%, 15pp above Iraq's 0%. The 181-country average is 15%: Grenada matches the world average, Iraq sits below it. Grenada's figure is dated 2010-02-01 and Iraq's 2026-06-24, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side

Country	Rate	Source
Grenada	0%	Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Iraq	0%	Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Iraq · as of 2025-10-01
Difference	0 pp	displayed rates match

Grenada and Iraq share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Grenada's figure is dated 2026-07-19 and Iraq's 2025-10-01, so the two rates come from different data vintages.