GD · AmericasES · Europe
Grenada vs Spain: tax rates compared
Spain's income tax rate is 18.6pp higher than Grenada's (48.6% vs 30%). The 200-country average is 28%: both sit above it. Grenada's figure is dated 2026-07-20 and Spain'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 | ES | Difference |
|---|---|---|---|
| Income Tax | 30% | 48.6% | ES +18.6 pp |
| Corporate Tax | 28% | 25% | GD +3 pp |
| VAT | 15% | 21% | ES +6 pp |
| Capital Gains Tax | 0% | 30% | ES +30 pplargest gap |
| Crypto Tax | 0% | 30% | ES +30 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 |
| Spain | 48.6% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −18.6 pp | Spain higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Spain | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +3 pp | Grenada higher |
Grenada's corporate tax rate is 3pp higher than Spain's (28% vs 25%). 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 |
| Spain | 21% | Source: PWC Worldwide Tax Summaries — Spain (Corporate, Other taxes) · as of 2025-12-31 |
| Difference | −6 pp | Spain higher |
Spain's VAT rate is 6pp higher than Grenada's (21% vs 15%). The 181-country average is 15%: Grenada matches the world average, Spain sits above it. Grenada's figure is dated 2010-02-01 and Spain's 2025-12-31, 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 |
| Spain | 30% | Source: PwC Worldwide Tax Summaries — Spain, Individual - Income determination · as of 2025-12-31 |
| Difference | −30 pp | Spain higher |
Spain's capital gains tax rate is 30pp higher than Grenada's (30% vs 0%). The 175-country average is 10.3%: Grenada sits below it, Spain sits above it. Grenada's figure is dated 2026-07-19 and Spain's 2025-12-31, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Spain | 30% | Source: Agencia Tributaria — Manual Práctico Renta 2025, Compra y venta de monedas virtuales: tributación en el IRPF del inversor · as of 2025-01-01 |
| Difference | −30 pp | Spain higher |
Spain's crypto tax rate is 30pp higher than Grenada's (30% vs 0%). The 88-country average is 13%: Grenada sits below it, Spain sits above it. Grenada's figure is dated 2026-07-19 and Spain's 2025-01-01, so the two rates come from different data vintages.
Not covered for both countries yet: Wealth Tax.