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Grenada vs Nepal: tax rates compared
There's no gap here — Grenada and Nepal both post an income tax rate of 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 | NP | Difference |
|---|---|---|---|
| Income Tax | 30% | 30% | match |
| Corporate Tax | 28% | 25% | GD +3 pp |
| VAT | 15% | 13% | GD +2 pp |
| Capital Gains Tax | 0% | 5% | NP +5 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 |
| Nepal | 30% | Source: Inland Revenue Department (Nepal) — Income Tax Act, 2058 (2002), as amended by Finance Act 2082, Schedule 1 (clause 1) · as of 2026-01-02 |
| 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 |
| Nepal | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +3 pp | Grenada higher |
Between the two, Grenada's corporate tax rate (28%) tops Nepal's (25%) by 3pp. 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 |
| Nepal | 13% | Source: Value Added Tax Act, 2052 (1995), as amended — Inland Revenue Department, Nepal · as of 2005-01-01 |
| Difference | +2 pp | Grenada higher |
Between the two, Grenada's VAT rate (15%) tops Nepal's (13%) by 2pp. The 181-country average is 15%: Grenada matches the world average, Nepal sits below it. Grenada's figure is dated 2010-02-01 and Nepal's 2005-01-01, 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 |
| Nepal | 5% | Source: Inland Revenue Department (Nepal) — Income Tax Act, 2058 (2002), as amended by Finance Act 2082, Section 95Ka(2)(a) · as of 2026-01-02 |
| Difference | −5 pp | Nepal higher |
Between the two, Nepal's capital gains tax rate (5%) tops Grenada's (0%) by 5pp. The 175-country average is 10.3%: both sit below it.
Not covered for both countries yet: Crypto Tax, Wealth Tax.