GD · AmericasTH · Asia
Grenada vs Thailand: tax rates compared
Thailand's income tax rate is 5pp higher than Grenada's (35% vs 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
| Tax | GD | TH | Difference |
|---|---|---|---|
| Income Tax | 30% | 35% | TH +5 pp |
| Corporate Tax | 28% | 20% | GD +8 pp |
| VAT | 15% | 7% | GD +8 pp |
| Capital Gains Tax | 0% | 0% | match |
| Crypto Tax | 0% | 15% | TH +15 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 |
| Thailand | 35% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02 |
| Difference | −5 pp | Thailand higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Thailand | 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 Thailand's (28% vs 20%). The 201-country average is 22.6%: Grenada sits above it, Thailand sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Grenada | 15% | Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01 |
| Thailand | 7% | Source: PWC Worldwide Tax Summaries — Thailand (Corporate, Other taxes) · as of 2026-02-02 |
| Difference | +8 pp | Grenada higher |
Grenada's VAT rate is 8pp higher than Thailand's (15% vs 7%). The 181-country average is 15%: Grenada matches the world average, Thailand sits below it. Grenada's figure is dated 2010-02-01 and Thailand's 2026-02-02, 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 |
| Thailand | 0% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02 |
| Difference | 0 pp | displayed rates match |
Grenada's capital gains tax rate is identical to Thailand's — both sit at 0%. The 175-country average is 10.3%: both sit below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Thailand | 15% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02 |
| Difference | −15 pp | Thailand higher |
Thailand's crypto tax rate is 15pp higher than Grenada's (15% vs 0%). The 88-country average is 13%: Grenada sits below it, Thailand sits above it.
Not covered for both countries yet: Wealth Tax.