The Withholding Tax Rate in Grenada stands at 15 percent. Withholding Tax Rate in Grenada averaged 15.00 percent from 2022 until 2024, reaching an all time high of 15.00 percent in 2023 and a record low of 15.00 percent in 2023. source: Inland Revenue Department, Grenada



Related Last Previous Unit Reference
Sales Tax Rate 15.00 15.00 percent Dec 2025
Withholding Tax Rate 15.00 15.00 percent Dec 2024



Grenada Withholding Tax Rate
In Grenada, the withholding tax rate is a tax collected from companies. It applies to businesses when they make payments to other business entities or individuals, e.g., in the form of dividends, interest, and royalties. The benchmark we use refers to the standard withholding tax rate on interest for non-residents. Revenues from the withholding tax rate are an important source of income for the government of Grenada.
Actual Previous Highest Lowest Dates Unit Frequency
15.00 15.00 15.00 15.00 2022 - 2024 percent Yearly
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