CN · AsiaGG · Europe

China vs Guernsey: tax rates compared

China has an income tax rate of 45%, 25pp above Guernsey's 20%. The 200-country average is 28%: China sits above it, Guernsey sits below it.

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

At a glance

0102030405060Income20%45%Corporate0%25%VAT0%13%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax CN GGDifference
Income Tax45%20%CN +25 pplargest gap
Corporate Tax25%0%CN +25 pp
VAT13%0%CN +13 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
China45%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Individual, Taxes on personal income) · as of 2025-12-31
Guernsey20%Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Taxes on personal income · as of 2025-12-17
Difference+25 ppChina higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
China25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Guernsey0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+25 ppChina higher

China has a corporate tax rate of 25%, 25pp above Guernsey's 0%. The 201-country average is 22.6%: China sits above it, Guernsey sits below it.

VAT

VAT, side by side
CountryRateSource
China13%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Corporate, Other taxes) · as of 2025-12-31
Guernsey0%Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17
Difference+13 ppChina higher

China has a VAT rate of 13%, 13pp above Guernsey's 0%. The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
China0%Source: State Taxation Administration Shanxi Provincial Tax Service — Caishuizi [1998] No. 61 (财税字〔1998〕61号) · as of 1998-03-30
Guernsey0%Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Income determination · as of 2025-12-17
Difference0 ppdisplayed rates match

China and Guernsey share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. China's figure is dated 1998-03-30 and Guernsey's 2025-12-17, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
China0%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Individual, Other taxes) · as of 2025-12-31
Guernsey0%Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.