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Grenada vs Palau: tax rates compared

Grenada's income tax rate is 18pp higher than Palau's (30% vs 12%). The 200-country average is 28%: Grenada sits above it, Palau sits below 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

0102030405060Income12%30%VAT10%15%Capital Gains0%Crypto0%
four shared taxes, side by side
Tax GD PWDifference
Income Tax30%12%GD +18 pplargest gap
VAT15%10%GD +5 pp
Capital Gains Tax0%0%match
Crypto Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Grenada30%Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20
Palau12%Source: Government of Palau — Bureau of Revenue and Taxation, Wages and Salary Tax · as of 2026-07-20
Difference+18 ppGrenada higher

VAT

VAT, side by side
CountryRateSource
Grenada15%Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01
Palau10%Source: Palau Bureau of Revenue & Taxation — Palau Goods and Services Tax (PGST) · as of 2023-01-01
Difference+5 ppGrenada higher

Grenada's VAT rate is 5pp higher than Palau's (15% vs 10%). The 181-country average is 15%: Grenada matches the world average, Palau sits below it. Grenada's figure is dated 2010-02-01 and Palau's 2023-01-01, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Grenada0%Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Palau0%Source: Government of Palau — Ministry of Finance, Bureau of Revenue and Taxation · as of 2026-07-19
Difference0 ppdisplayed rates match

Grenada's capital gains tax rate is identical to Palau's — both sit at 0%. The 175-country average is 10.3%: both sit below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Grenada0%Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Palau0%Source: Government of Palau — Ministry of Finance, Bureau of Revenue and Taxation · as of 2026-07-19
Difference0 ppdisplayed rates match

Grenada's crypto tax rate is identical to Palau's — both sit at 0%. The 88-country average is 13%: both sit below it.

Not covered for both countries yet: Corporate Tax, Wealth Tax.