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Saint Vincent and the Grenadines vs Canada
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇻🇨 Saint Vincent and the Grenadines
vs
🇨🇦 Canada
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
0–30%
No change
15–33%
Federal brackets; new govt may revisit top rates
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
15%
No change
5–15%
GST/HST normalized after holiday period
No change

Corporate Tax Rate

Corporate Tax Rate
30%
No change
15%
15% federal; Global Minimum Tax active
No change

Capital Gains Tax

Capital Gains Tax
0%
No change
~33.3%
2/3 inclusion rate maintained
No change

Social Security & Payroll

Social Security / Payroll
3.5% + 4.5%
No change
~12.3%
CPP contribution rates stabilizing
No change
State, Regional & Local Taxes

🇻🇨 Saint Vincent and the Grenadines — SVG Tax System

Saint Vincent and the Grenadines taxes individual income at progressive rates up to 30%. No capital gains tax. VAT of 15% was introduced in 2007. The country is developing its offshore financial sector and Citizenship by Investment programme. Banana exports and tourism are key economic pillars.

🇨🇦 Canada — Provincial Income & Sales Taxes

Canada's 10 provinces each levy their own income tax (4%–25.75% top). Combined federal+provincial top rates exceed 50% in Quebec, Nova Scotia, and Ontario. Quebec has its own QPP and QST (9.975%). Alberta has no provincial sales tax. HST replaces GST+PST in Atlantic provinces and Ontario. Property taxes are municipal.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Saint Vincent and the Grenadines vs Canada: Key Tax Differences (2026)

💰 Income Tax: 🇨🇦 Canada has a higher top income tax rate (0–30% vs 15–33%). 🇻🇨 Saint Vincent and the Grenadines is more favourable for high earners.

🛒 VAT/Sales Tax: Both countries have comparable consumption tax rates (15% vs 5–15%).

🏢 Corporate Tax: 🇨🇦 Canada offers a lower corporate rate (15% vs 30%), which can influence business location decisions.

📈 Capital Gains: 🇻🇨 Saint Vincent and the Grenadines taxes investment gains at a lower rate (0% vs 33.3%), benefiting investors.

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