GG · EuropePS · Asia

Guernsey vs Palestine: tax rates compared

Guernsey has an income tax rate of 20%, 5pp above Palestine's 15%. The 200-country average is 28%: both sit below it. Guernsey's figure is dated 2025-12-17 and Palestine's 2026-02-09, 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

0102030405060Income15%20%Corporate0%15%VAT0%16%Wealth Tax0%
four shared taxes, side by side
Tax GG PSDifference
Income Tax20%15%GG +5 pp
Corporate Tax0%15%PS +15 pp
VAT0%16%PS +16 pplargest gap
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
Palestine15%Source: PWC Worldwide Tax Summaries — Palestinian territories (Individual, Taxes on personal income) · as of 2026-02-09
Difference+5 ppGuernsey higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guernsey0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Palestine15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−15 ppPalestine higher

Palestine has a corporate tax rate of 15%, 15pp above Guernsey's 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
Palestine16%Source: PWC Worldwide Tax Summaries — Palestinian territories (Corporate, Other taxes) · as of 2026-02-09
Difference−16 ppPalestine higher

Palestine has a VAT rate of 16%, 16pp above Guernsey's 0%. The 181-country average is 15%: Guernsey sits below it, Palestine sits above it. Guernsey's figure is dated 2025-12-17 and Palestine's 2026-02-09, 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
Palestine0%Source: PWC Worldwide Tax Summaries — Palestinian Territories (Individual, Other taxes) · as of 2026-02-09
Difference0 ppdisplayed rates match

Guernsey and Palestine share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Guernsey's figure is dated 2025-12-17 and Palestine's 2026-02-09, so the two rates come from different data vintages.

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