GD · AmericasLT · Europe
Grenada vs Lithuania: tax rates compared
Lithuania's income tax rate is 2pp higher than Grenada's (32% vs 30%). The 200-country average is 28%: both sit above it. Grenada's figure is dated 2026-07-20 and Lithuania'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 | LT | Difference |
|---|---|---|---|
| Income Tax | 30% | 32% | LT +2 pp |
| Corporate Tax | 28% | 16% | GD +12 pp |
| VAT | 15% | 21% | LT +6 pp |
| Capital Gains Tax | 0% | 20% | LT +20 pplargest gap |
| Crypto Tax | 0% | 20% | LT +20 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 |
| Lithuania | 32% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −2 pp | Lithuania higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Lithuania | 16% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +12 pp | Grenada higher |
Grenada's corporate tax rate is 12pp higher than Lithuania's (28% vs 16%). The 201-country average is 22.6%: Grenada sits above it, Lithuania sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Grenada | 15% | Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01 |
| Lithuania | 21% | Source: PWC Worldwide Tax Summaries — Lithuania (Corporate, Other taxes) · as of 2026-03-10 |
| Difference | −6 pp | Lithuania higher |
Lithuania's VAT rate is 6pp higher than Grenada's (21% vs 15%). The 181-country average is 15%: Grenada matches the world average, Lithuania sits above it. Grenada's figure is dated 2010-02-01 and Lithuania's 2026-03-10, 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 |
| Lithuania | 20% | Source: PWC Worldwide Tax Summaries — Lithuania (Individual, Income determination) · as of 2026-03-10 |
| Difference | −20 pp | Lithuania higher |
Lithuania's capital gains tax rate is 20pp higher than Grenada's (20% vs 0%). The 175-country average is 10.3%: Grenada sits below it, Lithuania sits above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Lithuania | 20% | Source: Valstybinė mokesčių inspekcija (VMI) — Kriptovaliutų apskaita ir mokesčiai · as of 2025-09-30 |
| Difference | −20 pp | Lithuania higher |
Lithuania's crypto tax rate is 20pp higher than Grenada's (20% vs 0%). The 88-country average is 13%: Grenada sits below it, Lithuania sits above it. Grenada's figure is dated 2026-07-19 and Lithuania's 2025-09-30, so the two rates come from different data vintages.
Not covered for both countries yet: Wealth Tax.