GD · AmericasIT · Europe
Grenada vs Italy: tax rates compared
Between the two, Italy's income tax rate (47.2%) tops Grenada's (30%) by 17.2pp. The 200-country average is 28%: both sit above it. Grenada's figure is dated 2026-07-20 and Italy'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 | IT | Difference |
|---|---|---|---|
| Income Tax | 30% | 47.2% | IT +17.2 pp |
| Corporate Tax | 28% | 27.8% | GD +0.2 pp |
| VAT | 15% | 22% | IT +7 pp |
| Capital Gains Tax | 0% | 26% | IT +26 pp |
| Crypto Tax | 0% | 33% | IT +33 pplargest gap |
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 |
| Italy | 47.2% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −17.2 pp | Italy higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Italy | 27.8% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +0.2 pp | Grenada higher |
Between the two, Grenada's corporate tax rate (28%) tops Italy's (27.8%) by 0.2pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Grenada | 15% | Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01 |
| Italy | 22% | Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13 |
| Difference | −7 pp | Italy higher |
Between the two, Italy's VAT rate (22%) tops Grenada's (15%) by 7pp. The 181-country average is 15%: Grenada matches the world average, Italy sits above it. Grenada's figure is dated 2010-02-01 and Italy's 2026-07-13, 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 |
| Italy | 26% | Source: PWC Worldwide Tax Summaries — Italy (Individual, Income determination) · as of 2019-01-01 |
| Difference | −26 pp | Italy higher |
Between the two, Italy's capital gains tax rate (26%) tops Grenada's (0%) by 26pp. The 175-country average is 10.3%: Grenada sits below it, Italy sits above it. Grenada's figure is dated 2026-07-19 and Italy's 2019-01-01, 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 |
| Italy | 33% | Source: PWC Worldwide Tax Summaries — Italy (Individual, Other taxes) · as of 2026-02-25 |
| Difference | −33 pp | Italy higher |
Between the two, Italy's crypto tax rate (33%) tops Grenada's (0%) by 33pp. The 88-country average is 13%: Grenada sits below it, Italy sits above it.
Not covered for both countries yet: Wealth Tax.