Rwanda or Saint Vincent and the Grenadines: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Rwanda and Saint Vincent and the Grenadines weigh about the same on the taxpayer.

Tax Rwanda Saint Vincent and the Grenadines Gap
Corporate income tax headline rate 28% 28% Same rate
Personal income tax top bracket 0% to 30% 10% to 32.5% −2.5 points
VAT standard rate 18% 16% +2.0 points

Detailed schedules

Corporate income tax

Rwanda

General regime 28%
Kigali International Financial Centre approved activities, up to full exemption 3%

Saint Vincent and the Grenadines

n/a