Grenada Withholding Tax & Treaty Relief Calculator
Compute statutory non-resident withholding tax (WHT) under Grenada Income Tax Act (Cap. 149, Section 50). Accurately applies 15% domestic withholding, CARICOM multilateral double tax agreement (0% treaty relief), and bilateral treaty rates.
Remittance & Jurisdiction Settings
Cross-Border Treaty Comparison Matrix
| Jurisdiction | Treaty Instrument | Applicable WHT % | Tax Withheld (EC$) | Net Remitted (EC$) |
|---|
Grenada Non-Resident Withholding Tax Principles
Cross-border financial transactions originating in Grenada are subject to statutory withholding obligations enforced by the Inland Revenue Division (IRD):
- Domestic Statutory Rate (15%): Section 50 of the Income Tax Act (Cap. 149) imposes a flat 15.0% withholding tax on gross payments to non-resident individuals and corporations for dividends, interest, royalties, management fees, and professional commissions.
- CARICOM Multilateral Tax Treaty: Grenada is a signatory to the CARICOM Double Taxation Agreement. Under Article 8 and Article 11, dividends paid by a Grenadian resident entity to a resident of another CARICOM member state are taxable solely in the recipient state, resulting in a statutory 0% withholding tax at source in Grenada.
- Filing & Remittance Deadline: Tax withheld at source must be remitted to the IRD within 15 days following the month in which the distribution or payment was executed, accompanied by statutory Certificate of Tax Deducted forms.
Frequently Asked Questions
What is the standard non-resident withholding tax in Grenada?
Under the Grenada Income Tax Act (Cap. 149), the standard statutory non-resident withholding tax rate is 15.0% on gross payments.
Does Grenada have a Double Taxation Treaty with the United States?
No. Grenada does not have a comprehensive bilateral double taxation treaty with the United States; standard 15% domestic withholding applies to US corporate remittances.
How does the CARICOM Double Tax Agreement benefit dividends?
Under the CARICOM treaty, dividends paid to residents of other member territories (e.g. Trinidad & Tobago, Barbados) are exempt from withholding tax (0%) in Grenada.
Are management fees to foreign parents subject to WHT?
Yes. Management, administrative, and technical service fees paid to foreign entities are subject to mandatory 15% withholding unless modified by specific statutory concession.
What documentation is needed to claim treaty relief?
Payers must obtain an official Tax Residency Certificate from the recipient's tax authority to substantiate CARICOM treaty relief upon audit by the Inland Revenue Division.
📊 Grenada Inland Revenue Division (IRD) & NIS Matrix
| Statutory Component / Legal Deduction Item | Calculated Amount (XCD) |
|---|---|
| Primary Net / Statutory Payable Amount | EC$ 0.00 |
Engr. Muhammad Shahzad
Principal Financial Systems Architect & Eastern Caribbean & State of Grenada Fiscal Systems Lead
Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.