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Guinea-Bissau vs Japan: tax rates compared

Japan has an income tax rate of 55.9%, 35.9pp above Guinea-Bissau's 20%. The 200-country average is 28%: Guinea-Bissau sits below it, Japan sits above it. Guinea-Bissau's figure is dated 2021-01-31 and Japan'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%55.9%Corporate25%29.7%VAT10%19%Wealth Tax0%
four shared taxes, side by side
Tax GW JPDifference
Income Tax20%55.9%JP +35.9 pplargest gap
Corporate Tax25%29.7%JP +4.7 pp
VAT19%10%GW +9 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
Japan29.7%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−4.7 ppJapan higher

Japan has a corporate tax rate of 29.7%, 4.7pp above Guinea-Bissau's 25%. 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
Japan10%Source: PWC Worldwide Tax Summaries — Japan (Corporate, Other taxes) · as of 2026-01-13
Difference+9 ppGuinea-Bissau higher

Guinea-Bissau has a VAT rate of 19%, 9pp above Japan's 10%. The 181-country average is 15%: Guinea-Bissau sits above it, Japan sits below it. Guinea-Bissau's figure is dated 2022-02-25 and Japan's 2026-01-13, so the two rates come from different data vintages.

Wealth Tax

Guinea-Bissau and Japan 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.