GG · EuropeCH · Europe

Guernsey vs Switzerland: tax rates compared

Between the two, Switzerland's income tax rate (41.4%) tops Guernsey's (20%) by 21.4pp. The 200-country average is 28%: Guernsey sits below it, Switzerland sits above 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%41.4%Corporate0%19.6%VAT0%8.1%Capital Gains0%Wealth Tax0%0.9%
five shared taxes, side by side
Tax GG CHDifference
Income Tax20%41.4%CH +21.4 pplargest gap
Corporate Tax0%19.6%CH +19.6 pp
VAT0%8.1%CH +8.1 pp
Capital Gains Tax0%0%match
Wealth Tax0%0.9%CH +0.9 pp

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
Switzerland41.4%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−21.4 ppSwitzerland higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guernsey0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Switzerland19.6%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−19.6 ppSwitzerland higher

Between the two, Switzerland's corporate tax rate (19.6%) tops Guernsey's (0%) by 19.6pp. 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
Switzerland8.1%Source: PWC Worldwide Tax Summaries — Switzerland (Corporate, Other taxes) · as of 2026-07-01
Difference−8.1 ppSwitzerland higher

Between the two, Switzerland's VAT rate (8.1%) tops Guernsey's (0%) by 8.1pp. The 181-country average is 15%: both sit below it. Guernsey's figure is dated 2025-12-17 and Switzerland's 2026-07-01, 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
Switzerland0%Source: PWC Worldwide Tax Summaries — Switzerland (Individual, Income determination) · as of 2026-07-01
Difference0 ppdisplayed rates match

There's no gap here — Guernsey and Switzerland both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it. Guernsey's figure is dated 2025-12-17 and Switzerland's 2026-07-01, 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
Switzerland0.9%Source: République et Canton de Genève, Administration fiscale cantonale — Barèmes 2025 pour les impôts sur le revenu et la fortune · as of 2025-01-01
Difference−0.9 ppSwitzerland higher

Between the two, Switzerland's wealth tax rate (0.9%) tops Guernsey's (0%) by 0.9pp. The 193-country average is 0.1%: Guernsey sits below it, Switzerland sits above it.

Not covered for both countries yet: Crypto Tax.