Burkina Faso vs Grenada
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π§π« Burkina Faso β Burkina Faso Tax System
Burkina Faso has a progressive income tax system up to 25%. TVA (VAT) is 18%. Following two military coups in 2022, the junta government faces severe fiscal pressures from an ongoing jihadist insurgency covering much of the country. Gold mining is the main formal revenue source. Tax collection is severely hampered in conflict-affected areas.
π¬π© Grenada β Grenada Tax System
Grenada imposes income tax at a flat 30% on income above the personal allowance. No capital gains tax applies. VAT is 15%. The Citizenship by Investment programme (among the oldest in the Caribbean) is a significant revenue source. The 'Spice Isle' economy depends heavily on tourism and nutmeg exports.
Burkina Faso vs Grenada: Key Tax Differences (2026)
π° Income Tax: π¬π© Grenada has a higher top income tax rate (0β25% vs 0β30%). π§π« Burkina Faso is more favourable for high earners.
π VAT/Sales Tax: Burkina Faso has a higher consumption tax (18% vs 15%).
π’ Corporate Tax: Corporate rates are similar in both countries (27.5% vs 28%).
π Capital Gains: π¬π© Grenada taxes investment gains at a lower rate (0% vs 25%), benefiting investors.