GW · AfricaIM · Europe

Guinea-Bissau vs Isle of Man: tax rates compared

Isle of Man's income tax rate is 1pp higher than Guinea-Bissau's (21% vs 20%). The 200-country average is 28%: both sit below it. Guinea-Bissau's figure is dated 2021-01-31 and Isle of Man's 2026-02-06, 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

0102030405060Income20%21%Corporate0%25%VAT19%20%Wealth Tax0%
four shared taxes, side by side
Tax GW IMDifference
Income Tax20%21%IM +1 pp
Corporate Tax25%0%GW +25 pplargest gap
VAT19%20%IM +1 pp
Wealth Tax0%0%match

Income Tax

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guinea-Bissau25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Isle of Man0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+25 ppGuinea-Bissau higher

Guinea-Bissau's corporate tax rate is 25pp higher than Isle of Man's (25% vs 0%). The 201-country average is 22.6%: Guinea-Bissau sits above it, Isle of Man sits below it.

VAT

VAT, side by side
CountryRateSource
Guinea-Bissau19%Source: Ministério das Finanças (Guiné-Bissau) — Lei nº 4/2022 (Código do IVA), via Kontaktu legislation portal · as of 2022-02-25
Isle of Man20%Source: PWC Worldwide Tax Summaries — Isle of Man (Corporate, Other taxes) · as of 2026-02-06
Difference−1 ppIsle of Man higher

Isle of Man's VAT rate is 1pp higher than Guinea-Bissau's (20% vs 19%). The 181-country average is 15%: both sit above it. Guinea-Bissau's figure is dated 2022-02-25 and Isle of Man's 2026-02-06, so the two rates come from different data vintages.

Wealth Tax

Guinea-Bissau's wealth tax rate is identical to Isle of Man's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

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