CA · AmericasGN · Africa

Canada vs Guinea: tax rates compared

Canada has an income tax rate of 53.5%, 33.5pp above Guinea's 20%. The 200-country average is 28%: Canada sits above it, Guinea sits below it. Canada's figure is dated 2025-01-01 and Guinea's 2022-01-01, so the two rates come from different data vintages.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income20%53.5%Corporate25%26%VAT5%18%Wealth Tax0%
four shared taxes, side by side
Tax CA GNDifference
Income Tax53.5%20%CA +33.5 pplargest gap
Corporate Tax26%25%CA +1 pp
VAT5%18%GN +13 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Canada53.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Guinea20%Source: Guinea Code Général des Impôts (Loi ordinaire L/2021/032/AN), Direction Générale des Impôts, Articles 63-64 · as of 2022-01-01
Difference+33.5 ppCanada higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Canada26%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Guinea25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+1 ppCanada higher

Canada has a corporate tax rate of 26%, 1pp above Guinea's 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Canada5%Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12
Guinea18%Source: PwC — VAT and Indirect Taxes in Africa 2023, Guinea · as of 2023-01-28
Difference−13 ppGuinea higher

Guinea has a VAT rate of 18%, 13pp above Canada's 5%. The 181-country average is 15%: Canada sits below it, Guinea sits above it. Canada's figure is dated 2026-06-12 and Guinea's 2023-01-28, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Canada0%Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12
Guinea0%Source: Direction Générale des Impôts (DGI) Guinée — official site · as of 2026-07-18
Difference0 ppdisplayed rates match

Canada and Guinea share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.