GD · AmericasUY · Americas

Grenada vs Uruguay: tax rates compared

Between the two, Uruguay's income tax rate (36%) tops Grenada's (30%) by 6pp. The 200-country average is 28%: both sit above it. Grenada's figure is dated 2026-07-20 and Uruguay's 2025-12-31, so the two rates come from different data vintages.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income30%36%Corporate25%28%VAT15%22%Capital Gains0%12%
four shared taxes, side by side
Tax GD UYDifference
Income Tax30%36%UY +6 pp
Corporate Tax28%25%GD +3 pp
VAT15%22%UY +7 pp
Capital Gains Tax0%12%UY +12 pplargest gap

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
Uruguay36%Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Taxes on personal income) · as of 2025-12-31
Difference−6 ppUruguay higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Grenada28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Uruguay25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+3 ppGrenada higher

Between the two, Grenada's corporate tax rate (28%) tops Uruguay's (25%) by 3pp. 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
Uruguay22%Source: Dirección General Impositiva (DGI), Uruguay · as of 2024-06-18
Difference−7 ppUruguay higher

Between the two, Uruguay's VAT rate (22%) tops Grenada's (15%) by 7pp. The 181-country average is 15%: Grenada matches the world average, Uruguay sits above it. Grenada's figure is dated 2010-02-01 and Uruguay's 2024-06-18, 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
Uruguay12%Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Income determination) · as of 2026-03-09
Difference−12 ppUruguay higher

Between the two, Uruguay's capital gains tax rate (12%) tops Grenada's (0%) by 12pp. The 175-country average is 10.3%: Grenada sits below it, Uruguay sits above it.

Not covered for both countries yet: Crypto Tax, Wealth Tax.