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Saint Vincent and the Grenadines vs Spain: tax rates compared
Spain has an income tax rate of 48.6%, 20.6pp above Saint Vincent and the Grenadines's 28%. The 200-country average is 28%: Saint Vincent and the Grenadines matches the world average, Spain sits above it. Saint Vincent and the Grenadines's figure is dated 2024-01-01 and Spain'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 | ES | Difference |
|---|---|---|---|
| Income Tax | 28% | 48.6% | ES +20.6 pp |
| Corporate Tax | 28% | 25% | VC +3 pp |
| VAT | 16% | 21% | ES +5 pp |
| Capital Gains Tax | 0% | 30% | ES +30 pplargest gap |
| Crypto Tax | 0% | 30% | ES +30 pp |
| Wealth Tax | 0% | 3.5% | ES +3.5 pp |
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 |
| Spain | 48.6% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −20.6 pp | Spain higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Spain | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +3 pp | Saint Vincent and the Grenadines higher |
Saint Vincent and the Grenadines has a corporate tax rate of 28%, 3pp above Spain's 25%. 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 |
| Spain | 21% | Source: PWC Worldwide Tax Summaries — Spain (Corporate, Other taxes) · as of 2025-12-31 |
| Difference | −5 pp | Spain higher |
Spain has a VAT rate of 21%, 5pp 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 Spain's 2025-12-31, 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 |
| Spain | 30% | Source: PwC Worldwide Tax Summaries — Spain, Individual - Income determination · as of 2025-12-31 |
| Difference | −30 pp | Spain higher |
Spain has a capital gains tax rate of 30%, 30pp above Saint Vincent and the Grenadines's 0%. The 175-country average is 10.3%: Saint Vincent and the Grenadines sits below it, Spain sits above it. Saint Vincent and the Grenadines's figure is dated 2026-07-19 and Spain's 2025-12-31, so the two rates come from different data vintages.
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 |
| Spain | 30% | Source: Agencia Tributaria — Manual Práctico Renta 2025, Compra y venta de monedas virtuales: tributación en el IRPF del inversor · as of 2025-01-01 |
| Difference | −30 pp | Spain higher |
Spain has a crypto tax rate of 30%, 30pp above Saint Vincent and the Grenadines's 0%. The 88-country average is 13%: Saint Vincent and the Grenadines sits below it, Spain sits above it. Saint Vincent and the Grenadines's figure is dated 2026-07-19 and Spain's 2025-01-01, so the two rates come from different data vintages.
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 |
| Spain | 3.5% | Source: PWC Worldwide Tax Summaries — Spain (Individual, Other taxes) · as of 2025-12-31 |
| Difference | −3.5 pp | Spain higher |
Spain has a wealth tax rate of 3.5%, 3.5pp above Saint Vincent and the Grenadines's 0%. The 193-country average is 0.1%: Saint Vincent and the Grenadines sits below it, Spain sits above it. Saint Vincent and the Grenadines's figure is dated 2026-07-18 and Spain's 2025-12-31, so the two rates come from different data vintages.