GG · EuropeMK · Europe

Guernsey vs North Macedonia: tax rates compared

Guernsey's income tax rate is 10pp higher than North Macedonia's (20% vs 10%). The 200-country average is 28%: both sit below it. Guernsey's figure is dated 2025-12-17 and North Macedonia's 2023-01-01, so the two rates come from different data vintages.

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

0102030405060Income10%20%Corporate0%10%VAT0%18%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax GG MKDifference
Income Tax20%10%GG +10 pp
Corporate Tax0%10%MK +10 pp
VAT0%18%MK +18 pplargest gap
Capital Gains Tax0%10%MK +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Guernsey20%Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Taxes on personal income · as of 2025-12-17
North Macedonia10%Source: PWC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2023-01-01
Difference+10 ppGuernsey higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guernsey0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
North Macedonia10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−10 ppNorth Macedonia higher

North Macedonia's corporate tax rate is 10pp higher than Guernsey's (10% vs 0%). The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Guernsey0%Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17
North Macedonia18%Source: PWC Worldwide Tax Summaries — North Macedonia (Corporate, Other taxes) · as of 2026-07-23
Difference−18 ppNorth Macedonia higher

North Macedonia's VAT rate is 18pp higher than Guernsey's (18% vs 0%). The 181-country average is 15%: Guernsey sits below it, North Macedonia sits above it. Guernsey's figure is dated 2025-12-17 and North Macedonia's 2026-07-23, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Guernsey0%Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Income determination · as of 2025-12-17
North Macedonia10%Source: PwC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2026-02-08
Difference−10 ppNorth Macedonia higher

North Macedonia's capital gains tax rate is 10pp higher than Guernsey's (10% vs 0%). The 175-country average is 10.3%: both sit below it. Guernsey's figure is dated 2025-12-17 and North Macedonia's 2026-02-08, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Guernsey0%Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17
North Macedonia0%Source: Ministry of Finance of the Republic of North Macedonia — Taxes and Customs · as of 2026-07-18
Difference0 ppdisplayed rates match

Guernsey's wealth tax rate is identical to North Macedonia's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Guernsey's figure is dated 2025-12-17 and North Macedonia's 2026-07-18, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.