GG · EuropePY · Americas
Guernsey vs Paraguay: tax rates compared
Guernsey's income tax rate is 10pp higher than Paraguay's (20% vs 10%). The 200-country average is 28%: both sit below it. Guernsey's figure is dated 2025-12-17 and Paraguay's 2026-02-07, 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
| Tax | GG | PY | Difference |
|---|---|---|---|
| Income Tax | 20% | 10% | GG +10 pplargest gap |
| Corporate Tax | 0% | 10% | PY +10 pp |
| VAT | 0% | 10% | PY +10 pp |
| Capital Gains Tax | 0% | 8% | PY +8 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Guernsey | 20% | Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Taxes on personal income · as of 2025-12-17 |
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Difference | +10 pp | Guernsey higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Guernsey | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Paraguay | 10% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −10 pp | Paraguay higher |
Paraguay'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
| Country | Rate | Source |
|---|---|---|
| Guernsey | 0% | Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17 |
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Corporate, Other taxes) · as of 2026-02-07 |
| Difference | −10 pp | Paraguay higher |
Paraguay's VAT rate is 10pp higher than Guernsey's (10% vs 0%). The 181-country average is 15%: both sit below it. Guernsey's figure is dated 2025-12-17 and Paraguay's 2026-02-07, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Guernsey | 0% | Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Income determination · as of 2025-12-17 |
| Paraguay | 8% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Difference | −8 pp | Paraguay higher |
Paraguay's capital gains tax rate is 8pp higher than Guernsey's (8% vs 0%). The 175-country average is 10.3%: both sit below it. Guernsey's figure is dated 2025-12-17 and Paraguay's 2026-02-07, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Guernsey | 0% | Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17 |
| Paraguay | 0% | Source: PWC Worldwide Tax Summaries — Paraguay (Net wealth/worth tax rates) · as of 2026-02-07 |
| Difference | 0 pp | displayed rates match |
Guernsey's wealth tax rate is identical to Paraguay'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 Paraguay's 2026-02-07, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.