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Grenada vs Tanzania: tax rates compared

There's no gap here — Grenada and Tanzania both post an income tax rate of 30%. The 200-country average is 28%: both sit above it.

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%Corporate28%30%VAT15%18%Capital Gains0%Crypto0%3%
five shared taxes, side by side
Tax GD TZDifference
Income Tax30%30%match
Corporate Tax28%30%TZ +2 pp
VAT15%18%TZ +3 pplargest gap
Capital Gains Tax0%0%match
Crypto Tax0%3%TZ +3 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
Tanzania30%Source: PWC Worldwide Tax Summaries — Tanzania (Individual, Taxes on personal income) · as of 2026-01-14
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Grenada28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Tanzania30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−2 ppTanzania higher

Between the two, Tanzania's corporate tax rate (30%) tops Grenada's (28%) by 2pp. 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
Tanzania18%Source: PWC Worldwide Tax Summaries — Tanzania (Corporate, Other taxes) · as of 2026-01-14
Difference−3 ppTanzania higher

Between the two, Tanzania's VAT rate (18%) tops Grenada's (15%) by 3pp. The 181-country average is 15%: Grenada matches the world average, Tanzania sits above it. Grenada's figure is dated 2010-02-01 and Tanzania's 2026-01-14, 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
Tanzania0%Source: PWC Worldwide Tax Summaries — Tanzania (Individual, Income determination) · as of 2026-01-14
Difference0 ppdisplayed rates match

There's no gap here — Grenada and Tanzania both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Grenada0%Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19
Tanzania3%Source: EY — Tanzanian Finance Act 2024 makes changes affecting businesses and individuals · as of 2024-07-01
Difference−3 ppTanzania higher

Between the two, Tanzania's crypto tax rate (3%) tops Grenada's (0%) by 3pp. The 88-country average is 13%: both sit below it. Grenada's figure is dated 2026-07-19 and Tanzania's 2024-07-01, so the two rates come from different data vintages.

Not covered for both countries yet: Wealth Tax.