GD · AmericasPT · Europe

Grenada vs Portugal: tax rates compared

Between the two, Portugal's income tax rate (53%) tops Grenada's (30%) by 23pp. The 200-country average is 28%: both sit above it. Grenada's figure is dated 2026-07-20 and Portugal'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

0102030405060Income30%53%Corporate28%30.5%VAT15%23%Capital Gains0%28%Crypto0%28%
five shared taxes, side by side
Tax GD PTDifference
Income Tax30%53%PT +23 pp
Corporate Tax28%30.5%PT +2.5 pp
VAT15%23%PT +8 pp
Capital Gains Tax0%28%PT +28 pplargest gap
Crypto Tax0%28%PT +28 pp

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
Portugal53%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−23 ppPortugal higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Grenada28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Portugal30.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−2.5 ppPortugal higher

Between the two, Portugal's corporate tax rate (30.5%) tops Grenada's (28%) by 2.5pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Grenada15%Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01
Portugal23%Source: PWC Worldwide Tax Summaries — Portugal (Corporate, Other taxes) · as of 2026-07-24
Difference−8 ppPortugal higher

Between the two, Portugal's VAT rate (23%) tops Grenada's (15%) by 8pp. The 181-country average is 15%: Grenada matches the world average, Portugal sits above it. Grenada's figure is dated 2010-02-01 and Portugal's 2026-07-24, 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
Portugal28%Source: PWC Worldwide Tax Summaries — Portugal (Individual, Income determination) · as of 2026-07-24
Difference−28 ppPortugal higher

Between the two, Portugal's capital gains tax rate (28%) tops Grenada's (0%) by 28pp. The 175-country average is 10.3%: Grenada sits below it, Portugal sits above it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Grenada0%Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Portugal28%Source: Autoridade Tributária e Aduaneira — Criptoativos: Conceito fiscal e tributação · as of 2026-06-25
Difference−28 ppPortugal higher

Between the two, Portugal's crypto tax rate (28%) tops Grenada's (0%) by 28pp. The 88-country average is 13%: Grenada sits below it, Portugal sits above it.

Not covered for both countries yet: Wealth Tax.