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Saint Vincent and the Grenadines vs Uruguay: tax rates compared
Between the two, Uruguay's income tax rate (36%) tops Saint Vincent and the Grenadines's (28%) by 8pp. The 200-country average is 28%: Saint Vincent and the Grenadines matches the world average, Uruguay sits above it. Saint Vincent and the Grenadines's figure is dated 2024-01-01 and Uruguay's 2025-12-31, 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 | UY | Difference |
|---|---|---|---|
| Income Tax | 28% | 36% | UY +8 pp |
| Corporate Tax | 28% | 25% | VC +3 pp |
| VAT | 16% | 22% | UY +6 pp |
| Capital Gains Tax | 0% | 12% | UY +12 pplargest gap |
| Wealth Tax | 0% | 0.1% | UY +0.1 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 |
| Uruguay | 36% | Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Taxes on personal income) · as of 2025-12-31 |
| Difference | −8 pp | Uruguay higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Uruguay | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +3 pp | Saint Vincent and the Grenadines higher |
Between the two, Saint Vincent and the Grenadines's corporate tax rate (28%) tops Uruguay's (25%) by 3pp. 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 |
| Uruguay | 22% | Source: Dirección General Impositiva (DGI), Uruguay · as of 2024-06-18 |
| Difference | −6 pp | Uruguay higher |
Between the two, Uruguay's VAT rate (22%) tops Saint Vincent and the Grenadines's (16%) by 6pp. The 181-country average is 15%: both sit above it. Saint Vincent and the Grenadines's figure is dated 2026-01-01 and Uruguay's 2024-06-18, 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 |
| Uruguay | 12% | Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Income determination) · as of 2026-03-09 |
| Difference | −12 pp | Uruguay higher |
Between the two, Uruguay's capital gains tax rate (12%) tops Saint Vincent and the Grenadines's (0%) by 12pp. The 175-country average is 10.3%: Saint Vincent and the Grenadines sits below it, Uruguay 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 |
| Uruguay | 0.1% | Source: Dirección General Impositiva — Tasas del Impuesto al Patrimonio, personas físicas 2025 · as of 2025-01-01 |
| Difference | −0.1 pp | Uruguay higher |
Between the two, Uruguay's wealth tax rate (0.1%) tops Saint Vincent and the Grenadines's (0%) by 0.1pp. The 193-country average is 0.1%: Saint Vincent and the Grenadines sits below it, Uruguay matches the world average. Saint Vincent and the Grenadines's figure is dated 2026-07-18 and Uruguay's 2025-01-01, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.