Grenada vs Taiwan: tax rates compared

Income Tax

Income Tax, side by side

Country	Rate	Source
Grenada	30%	Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20
Taiwan	40%	Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Taxes on personal income) · as of 2026-01-12
Difference	−10 pp	Taiwan higher

Corporate Tax

Corporate Tax, side by side

Country	Rate	Source
Grenada	28%	Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Taiwan	20%	Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference	+8 pp	Grenada higher

Grenada's corporate tax rate is 8pp higher than Taiwan's (28% vs 20%). The 201-country average is 22.6%: Grenada sits above it, Taiwan sits below it.

VAT

VAT, side by side

Country	Rate	Source
Grenada	15%	Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01
Taiwan	5%	Source: PWC Worldwide Tax Summaries — Taiwan (Corporate, Other taxes) · as of 2026-01-12
Difference	+10 pp	Grenada higher

Grenada's VAT rate is 10pp higher than Taiwan's (15% vs 5%). The 181-country average is 15%: Grenada matches the world average, Taiwan sits below it. Grenada's figure is dated 2010-02-01 and Taiwan's 2026-01-12, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side

Country	Rate	Source
Grenada	0%	Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Taiwan	0%	Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Income determination / Capital gains tax rates quick chart) · as of 2026-01-12
Difference	0 pp	displayed rates match

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