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Grenada vs Norway: tax rates compared
Norway has an income tax rate of 39.7%, 9.7pp above Grenada's 30%. The 200-country average is 28%: both sit above it. Grenada's figure is dated 2026-07-20 and Norway'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 | NO | Difference |
|---|---|---|---|
| Income Tax | 30% | 39.7% | NO +9.7 pp |
| Corporate Tax | 28% | 22% | GD +6 pp |
| VAT | 15% | 25% | NO +10 pp |
| Capital Gains Tax | 0% | 37.8% | NO +37.8 pplargest gap |
| Crypto Tax | 0% | 22% | NO +22 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 |
| Norway | 39.7% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −9.7 pp | Norway higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Norway | 22% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +6 pp | Grenada higher |
Grenada has a corporate tax rate of 28%, 6pp above Norway's 22%. The 201-country average is 22.6%: Grenada sits above it, Norway sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Grenada | 15% | Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01 |
| Norway | 25% | Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25 |
| Difference | −10 pp | Norway higher |
Norway has a VAT rate of 25%, 10pp above Grenada's 15%. The 181-country average is 15%: Grenada matches the world average, Norway sits above it. Grenada's figure is dated 2010-02-01 and Norway's 2026-06-25, 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 |
| Norway | 37.8% | Source: PwC Worldwide Tax Summaries — Norway (Individual, Income determination) · as of 2026-01-20 |
| Difference | −37.8 pp | Norway higher |
Norway has a capital gains tax rate of 37.8%, 37.8pp above Grenada's 0%. The 175-country average is 10.3%: Grenada sits below it, Norway sits above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Norway | 22% | Source: Norwegian Tax Administration (Skatteetaten) — Skatte-ABC, V-13-3.4 Realisasjon (virtual assets — realization) · as of 2026-01-01 |
| Difference | −22 pp | Norway higher |
Norway has a crypto tax rate of 22%, 22pp above Grenada's 0%. The 88-country average is 13%: Grenada sits below it, Norway sits above it.
Not covered for both countries yet: Wealth Tax.