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Grenada vs Malaysia: tax rates compared
Grenada's income tax rate is identical to Malaysia's — both sit at 30%. The 200-country average is 28%: both sit above it.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | GD | MY | Difference |
|---|---|---|---|
| Income Tax | 30% | 30% | match |
| Corporate Tax | 28% | 24% | GD +4 pplargest gap |
| Capital Gains Tax | 0% | 0% | match |
| Crypto Tax | 0% | 0% | match |
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 |
| Malaysia | 30% | Source: PWC Worldwide Tax Summaries — Malaysia (Individual, Taxes on personal income) · as of 2026-06-16 |
| Difference | 0 pp | displayed rates match |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Malaysia | 24% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +4 pp | Grenada higher |
Grenada's corporate tax rate is 4pp higher than Malaysia's (28% vs 24%). The 201-country average is 22.6%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Malaysia | 0% | Source: PwC Worldwide Tax Summaries — Malaysia (Individual, Income determination) · as of 2026-06-16 |
| Difference | 0 pp | displayed rates match |
Grenada's capital gains tax rate is identical to Malaysia's — both sit at 0%. The 175-country average is 10.3%: both sit below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Malaysia | 0% | Source: Inland Revenue Board of Malaysia (LHDN) — Guidelines on Tax Treatment on Digital Currency Transaction (2nd Edition) · as of 2025-12-05 |
| Difference | 0 pp | displayed rates match |
Grenada's crypto tax rate is identical to Malaysia's — both sit at 0%. The 88-country average is 13%: both sit below it. Grenada's figure is dated 2026-07-19 and Malaysia's 2025-12-05, so the two rates come from different data vintages.
Not covered for both countries yet: VAT, Wealth Tax.