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Saint Vincent and the Grenadines vs Tuvalu: tax rates compared

Tuvalu has an income tax rate of 30%, 2pp above Saint Vincent and the Grenadines's 28%. The 200-country average is 28%: Saint Vincent and the Grenadines matches the world average, Tuvalu sits above it. Saint Vincent and the Grenadines's figure is dated 2024-01-01 and Tuvalu's 2023-07-21, 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

0102030405060Income28%30%VAT4%16%Capital Gains0%Crypto0%Wealth Tax0%
five shared taxes, side by side
Tax VC TVDifference
Income Tax28%30%TV +2 pp
VAT16%4%VC +12 pplargest gap
Capital Gains Tax0%0%match
Crypto Tax0%0%match
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
Tuvalu30%Source: Tuvalu Legislation (official government legislation portal) — Income Tax Act, CAP. 26.16 (2022 Revised Edition), Schedule 6 · as of 2023-07-21
Difference−2 ppTuvalu higher

VAT

VAT, side by side
CountryRateSource
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
Tuvalu4%Source: Consumption Tax Regulations, 2022 Revised Edition (CAP 26.02.1), Tuvalu · as of 2011-12-19
Difference+12 ppSaint Vincent and the Grenadines higher

Saint Vincent and the Grenadines has a VAT rate of 16%, 12pp above Tuvalu's 4%. The 181-country average is 15%: Saint Vincent and the Grenadines sits above it, Tuvalu sits below it. Saint Vincent and the Grenadines's figure is dated 2026-01-01 and Tuvalu's 2011-12-19, so the two rates come from different data vintages.

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
Tuvalu0%Source: Tuvalu Income Tax Act (CAP. 26.16), 2022 Revised Edition — Tuvalu Legislation Online · as of 2022-12-31
Difference0 ppdisplayed rates match

Saint Vincent and the Grenadines and Tuvalu share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Saint Vincent and the Grenadines's figure is dated 2026-07-19 and Tuvalu's 2022-12-31, so the two rates come from different data vintages.

Crypto Tax

Crypto 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
Tuvalu0%Source: Tuvalu Income Tax Act (CAP. 26.16), 2022 Revised Edition — Tuvalu Legislation Online · as of 2022-12-31
Difference0 ppdisplayed rates match

Saint Vincent and the Grenadines and Tuvalu share the same crypto tax rate: 0%. The 88-country average is 13%: both sit below it. Saint Vincent and the Grenadines's figure is dated 2026-07-19 and Tuvalu's 2022-12-31, so the two rates come from different data vintages.

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
Tuvalu0%Source: Tuvalu Income Tax Act 1992 (principal direct-tax statute), via International Center for Not-for-Profit Law mirror · as of 2026-07-18
Difference0 ppdisplayed rates match

Saint Vincent and the Grenadines and Tuvalu share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Corporate Tax.