Grenada vs Switzerland
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฌ๐ฉ Grenada โ 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.
๐จ๐ญ Switzerland โ Cantonal & Communal Taxes
Switzerland's 26 cantons and ~2,200 communes independently set income and corporate tax rates. Zug (~12% combined top) and Nidwalden are among the lowest globally; Geneva and Vaud reach ~45% combined. Wealth tax is levied by cantons. Pillar Two supplementary tax is active for large MNCs. Inheritance and gift taxes are cantonal.
Grenada vs Switzerland: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฌ๐ฉ Grenada has a higher top income tax rate (0โ30% vs 0โ11.5%). ๐จ๐ญ Switzerland is more favourable for high earners.
๐ VAT/Sales Tax: Grenada has a higher consumption tax (15% vs 2.6โ8.1%).
๐ข Corporate Tax: ๐จ๐ญ Switzerland offers a lower corporate rate (26% vs 28%), which can influence business location decisions.