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Saint Vincent and the Grenadines vs Slovakia: tax rates compared
Saint Vincent and the Grenadines has an income tax rate of 28%, 3pp above Slovakia's 25%. The 200-country average is 28%: Saint Vincent and the Grenadines matches the world average, Slovakia sits below it. Saint Vincent and the Grenadines's figure is dated 2024-01-01 and Slovakia's 2025-01-01, so the two rates come from different data vintages.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | VC | SK | Difference |
|---|---|---|---|
| Income Tax | 28% | 25% | VC +3 pp |
| Corporate Tax | 28% | 24% | VC +4 pp |
| VAT | 16% | 23% | SK +7 pp |
| Capital Gains Tax | 0% | 0% | match |
| Crypto Tax | 0% | 35% | SK +35 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 28% | Source: Saint Vincent and the Grenadines Inland Revenue Department — PAYE Tax Tables (Code 245) · as of 2024-01-01 |
| Slovakia | 25% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | +3 pp | Saint Vincent and the Grenadines higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Slovakia | 24% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +4 pp | Saint Vincent and the Grenadines higher |
Saint Vincent and the Grenadines has a corporate tax rate of 28%, 4pp above Slovakia's 24%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 16% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Saint Vincent and the Grenadines · as of 2026-01-01 |
| Slovakia | 23% | Source: Finančná správa Slovenskej republiky — Sadzby dane (VAT rates) · as of 2025-01-01 |
| Difference | −7 pp | Slovakia higher |
Slovakia has a VAT rate of 23%, 7pp above Saint Vincent and the Grenadines's 16%. The 181-country average is 15%: both sit above it. Saint Vincent and the Grenadines's figure is dated 2026-01-01 and Slovakia's 2025-01-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 0% | Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · as of 2026-07-19 |
| Slovakia | 0% | Source: PWC Worldwide Tax Summaries — Slovak Republic (Individual, Income determination) · as of 2026-01-20 |
| Difference | 0 pp | displayed rates match |
Saint Vincent and the Grenadines and Slovakia share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 0% | Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · as of 2026-07-19 |
| Slovakia | 35% | Source: Slov-Lex — Zákon č. 595/2003 Z. z. o dani z príjmov (znenie účinné od 1.1.2026), §2, §4, §8, §9 a §15 · as of 2026-01-01 |
| Difference | −35 pp | Slovakia higher |
Slovakia has a crypto tax rate of 35%, 35pp above Saint Vincent and the Grenadines's 0%. The 88-country average is 13%: Saint Vincent and the Grenadines sits below it, Slovakia sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 0% | Source: Saint Vincent and the Grenadines Inland Revenue Department — Taxes · as of 2026-07-18 |
| Slovakia | 0% | Source: PWC Worldwide Tax Summaries — Slovak Republic (Individual, Other taxes) · as of 2026-01-20 |
| Difference | 0 pp | displayed rates match |
Saint Vincent and the Grenadines and Slovakia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.