CL · AmericasGW · Africa

Chile vs Guinea-Bissau: tax rates compared

Between the two, Chile's income tax rate (40%) tops Guinea-Bissau's (20%) by 20pp. The 200-country average is 28%: Chile sits above it, Guinea-Bissau sits below it. Chile's figure is dated 2025-01-01 and Guinea-Bissau's 2021-01-31, 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%40%Corporate25%27%VAT19%Wealth Tax0%
four shared taxes, side by side
Tax CL GWDifference
Income Tax40%20%CL +20 pplargest gap
Corporate Tax27%25%CL +2 pp
VAT19%19%match
Wealth Tax0%0%match

Income Tax

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Chile27%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Guinea-Bissau25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+2 ppChile higher

Between the two, Chile's corporate tax rate (27%) tops Guinea-Bissau's (25%) by 2pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Chile19%Source: PWC Worldwide Tax Summaries — Chile (Corporate, Other taxes) · as of 2025-12-19
Guinea-Bissau19%Source: Ministério das Finanças (Guiné-Bissau) — Lei nº 4/2022 (Código do IVA), via Kontaktu legislation portal · as of 2022-02-25
Difference0 ppdisplayed rates match

There's no gap here — Chile and Guinea-Bissau both post a VAT rate of 19%. The 181-country average is 15%: both sit above it. Chile's figure is dated 2025-12-19 and Guinea-Bissau's 2022-02-25, so the two rates come from different data vintages.

Wealth Tax

There's no gap here — Chile and Guinea-Bissau both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Chile's figure is dated 2025-12-19 and Guinea-Bissau's 2026-07-18, so the two rates come from different data vintages.

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