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Saint Vincent and the Grenadines vs Timor-Leste: tax rates compared

Between the two, Saint Vincent and the Grenadines's income tax rate (28%) tops Timor-Leste's (10%) by 18pp. The 200-country average is 28%: Saint Vincent and the Grenadines matches the world average, Timor-Leste sits below it. Saint Vincent and the Grenadines's figure is dated 2024-01-01 and Timor-Leste's 2026-03-05, 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

0102030405060Income10%28%Corporate10%28%Capital Gains0%10%Wealth Tax0%
four shared taxes, side by side
Tax VC TLDifference
Income Tax28%10%VC +18 pplargest gap
Corporate Tax28%10%VC +18 pp
Capital Gains Tax0%10%TL +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Saint Vincent and the Grenadines28%Source: Saint Vincent and the Grenadines Inland Revenue Department — PAYE Tax Tables (Code 245) · as of 2024-01-01
Timor-Leste10%Source: PWC Worldwide Tax Summaries — Timor-Leste (Individual, Taxes on personal income) · as of 2026-03-05
Difference+18 ppSaint Vincent and the Grenadines higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Saint Vincent and the Grenadines28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Timor-Leste10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+18 ppSaint Vincent and the Grenadines higher

Between the two, Saint Vincent and the Grenadines's corporate tax rate (28%) tops Timor-Leste's (10%) by 18pp. The 201-country average is 22.6%: Saint Vincent and the Grenadines sits above it, Timor-Leste sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
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
Timor-Leste10%Source: PWC Worldwide Tax Summaries — Timor-Leste (Individual, Taxes on personal income) · as of 2026-03-05
Difference−10 ppTimor-Leste higher

Between the two, Timor-Leste's capital gains tax rate (10%) tops Saint Vincent and the Grenadines's (0%) by 10pp. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Saint Vincent and the Grenadines0%Source: Saint Vincent and the Grenadines Inland Revenue Department — Taxes · as of 2026-07-18
Timor-Leste0%Source: PWC Worldwide Tax Summaries — Timor-Leste (Individual, Other taxes) · as of 2026-03-05
Difference0 ppdisplayed rates match

There's no gap here — Saint Vincent and the Grenadines and Timor-Leste 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, Crypto Tax.