GD · AmericasPE · Americas
Grenada vs Peru: tax rates compared
Grenada and Peru share the same income tax rate: 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 | PE | Difference |
|---|---|---|---|
| Income Tax | 30% | 30% | match |
| Corporate Tax | 28% | 29.5% | PE +1.5 pp |
| VAT | 15% | 18% | PE +3 pp |
| Capital Gains Tax | 0% | 5% | PE +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 |
| Peru | 30% | Source: PWC Worldwide Tax Summaries — Peru (Individual, Taxes on personal income) · as of 2026-07-13 |
| 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 |
| Peru | 29.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −1.5 pp | Peru higher |
Peru has a corporate tax rate of 29.5%, 1.5pp above Grenada's 28%. 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 |
| Peru | 18% | Source: PWC Worldwide Tax Summaries — Peru (Corporate, Other taxes) · as of 2026-07-13 |
| Difference | −3 pp | Peru higher |
Peru has a VAT rate of 18%, 3pp above Grenada's 15%. The 181-country average is 15%: Grenada matches the world average, Peru sits above it. Grenada's figure is dated 2010-02-01 and Peru's 2026-07-13, 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 |
| Peru | 5% | Source: PWC Worldwide Tax Summaries — Peru (Individual, Income determination) · as of 2026-07-13 |
| Difference | −5 pp | Peru higher |
Peru has a capital gains tax rate of 5%, 5pp above Grenada's 0%. The 175-country average is 10.3%: both sit below it.
Not covered for both countries yet: Crypto Tax, Wealth Tax.