GD · AmericasPS · Asia
Grenada vs Palestine: tax rates compared
Grenada's income tax rate is 15pp higher than Palestine's (30% vs 15%). The 200-country average is 28%: Grenada sits above it, Palestine sits below it.
Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | GD | PS | Difference |
|---|---|---|---|
| Income Tax | 30% | 15% | GD +15 pplargest gap |
| Corporate Tax | 28% | 15% | GD +13 pp |
| VAT | 15% | 16% | PS +1 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 |
| Palestine | 15% | Source: PWC Worldwide Tax Summaries — Palestinian territories (Individual, Taxes on personal income) · as of 2026-02-09 |
| Difference | +15 pp | Grenada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Palestine | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +13 pp | Grenada higher |
Grenada's corporate tax rate is 13pp higher than Palestine's (28% vs 15%). The 201-country average is 22.6%: Grenada sits above it, Palestine sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Grenada | 15% | Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01 |
| Palestine | 16% | Source: PWC Worldwide Tax Summaries — Palestinian territories (Corporate, Other taxes) · as of 2026-02-09 |
| Difference | −1 pp | Palestine higher |
Palestine's VAT rate is 1pp higher than Grenada's (16% vs 15%). The 181-country average is 15%: Grenada matches the world average, Palestine sits above it. Grenada's figure is dated 2010-02-01 and Palestine's 2026-02-09, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax, Wealth Tax.