VC · AmericasSB · Oceania
Saint Vincent and the Grenadines vs Solomon Islands: tax rates compared
Between the two, Solomon Islands's income tax rate (40%) tops Saint Vincent and the Grenadines's (28%) by 12pp. The 200-country average is 28%: Saint Vincent and the Grenadines matches the world average, Solomon Islands sits above it. Saint Vincent and the Grenadines's figure is dated 2024-01-01 and Solomon Islands's 2026-05-18, 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
| Tax | VC | SB | Difference |
|---|---|---|---|
| Income Tax | 28% | 40% | SB +12 pplargest gap |
| Corporate Tax | 28% | 30% | SB +2 pp |
| Capital Gains Tax | 0% | 0% | match |
| Crypto Tax | 0% | 0% | match |
| 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 |
| Solomon Islands | 40% | Source: Solomon Islands Inland Revenue Division — Income Tax · as of 2026-05-18 |
| Difference | −12 pp | Solomon Islands higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Solomon Islands | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −2 pp | Solomon Islands higher |
Between the two, Solomon Islands's corporate tax rate (30%) tops Saint Vincent and the Grenadines's (28%) by 2pp. The 201-country average is 22.6%: both sit above it.
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 |
| Solomon Islands | 0% | Source: Solomon Islands Inland Revenue Division — Tax Information · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Saint Vincent and the Grenadines and Solomon Islands both post a capital gains tax rate of 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 |
| Solomon Islands | 0% | Source: Solomon Islands Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Saint Vincent and the Grenadines and Solomon Islands both post a crypto tax rate of 0%. The 88-country average is 13%: both sit below 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 |
| Solomon Islands | 0% | Source: Solomon Islands Inland Revenue Division · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Saint Vincent and the Grenadines and Solomon Islands both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: VAT.