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Mauritius vs Saint Vincent and the Grenadines: tax rates compared

Saint Vincent and the Grenadines's income tax rate is 8pp higher than Mauritius's (28% vs 20%). The 200-country average is 28%: Mauritius sits below it, Saint Vincent and the Grenadines matches the world average. Mauritius's figure is dated 2025-07-01 and Saint Vincent and the Grenadines's 2024-01-01, 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

0102030405060Income20%28%Corporate15%28%VAT15%16%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax MU VCDifference
Income Tax20%28%VC +8 pp
Corporate Tax15%28%VC +13 pplargest gap
VAT15%16%VC +1 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Mauritius20%Source: PWC Worldwide Tax Summaries — Mauritius (Individual, Taxes on personal income) · as of 2025-07-01
Saint Vincent and the Grenadines28%Source: Saint Vincent and the Grenadines Inland Revenue Department — PAYE Tax Tables (Code 245) · as of 2024-01-01
Difference−8 ppSaint Vincent and the Grenadines higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Mauritius15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Saint Vincent and the Grenadines28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−13 ppSaint Vincent and the Grenadines higher

Saint Vincent and the Grenadines's corporate tax rate is 13pp higher than Mauritius's (28% vs 15%). The 201-country average is 22.6%: Mauritius sits below it, Saint Vincent and the Grenadines sits above it.

VAT

VAT, side by side
CountryRateSource
Mauritius15%Source: PWC Worldwide Tax Summaries — Mauritius (Corporate, Other taxes) · as of 2026-06-15
Saint Vincent and the Grenadines16%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Saint Vincent and the Grenadines · as of 2026-01-01
Difference−1 ppSaint Vincent and the Grenadines higher

Saint Vincent and the Grenadines's VAT rate is 1pp higher than Mauritius's (16% vs 15%). The 181-country average is 15%: Mauritius matches the world average, Saint Vincent and the Grenadines sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Mauritius0%Source: PwC Worldwide Tax Summaries — Mauritius (Individual, Income determination) · as of 2026-06-15
Saint Vincent and the Grenadines0%Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · as of 2026-07-19
Difference0 ppdisplayed rates match

Mauritius's capital gains tax rate is identical to Saint Vincent and the Grenadines's — both sit at 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Mauritius0%Source: PWC Worldwide Tax Summaries — Mauritius (Individual, Other taxes) · as of 2026-06-15
Saint Vincent and the Grenadines0%Source: Saint Vincent and the Grenadines Inland Revenue Department — Taxes · as of 2026-07-18
Difference0 ppdisplayed rates match

Mauritius's wealth tax rate is identical to Saint Vincent and the Grenadines's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.