GW · AfricaIL · Asia

Guinea-Bissau vs Israel: tax rates compared

Israel has an income tax rate of 50%, 30pp above Guinea-Bissau's 20%. The 200-country average is 28%: Guinea-Bissau sits below it, Israel sits above it. Guinea-Bissau's figure is dated 2021-01-31 and Israel's 2025-01-01, 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%50%Corporate23%25%VAT18%19%Wealth Tax0%
four shared taxes, side by side
Tax GW ILDifference
Income Tax20%50%IL +30 pplargest gap
Corporate Tax25%23%GW +2 pp
VAT19%18%GW +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
Israel23%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+2 ppGuinea-Bissau higher

Guinea-Bissau has a corporate tax rate of 25%, 2pp above Israel's 23%. The 201-country average is 22.6%: both sit above 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
Israel18%Source: PWC Worldwide Tax Summaries — Israel (Corporate, Other taxes) · as of 2026-06-29
Difference+1 ppGuinea-Bissau higher

Guinea-Bissau has a VAT rate of 19%, 1pp above Israel's 18%. The 181-country average is 15%: both sit above it. Guinea-Bissau's figure is dated 2022-02-25 and Israel's 2026-06-29, so the two rates come from different data vintages.

Wealth Tax

Guinea-Bissau and Israel share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

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