GW · AfricaPW · Oceania

Guinea-Bissau vs Palau: tax rates compared

Guinea-Bissau's income tax rate is 8pp higher than Palau's (20% vs 12%). The 200-country average is 28%: both sit below it. Guinea-Bissau's figure is dated 2021-01-31 and Palau's 2026-07-20, so the two rates come from different data vintages.

Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income12%20%VAT10%19%Wealth Tax0%
three shared taxes, side by side
Tax GW PWDifference
Income Tax20%12%GW +8 pp
VAT19%10%GW +9 pplargest gap
Wealth Tax0%0%match

Income Tax

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
Palau10%Source: Palau Bureau of Revenue & Taxation — Palau Goods and Services Tax (PGST) · as of 2023-01-01
Difference+9 ppGuinea-Bissau higher

Guinea-Bissau's VAT rate is 9pp higher than Palau's (19% vs 10%). The 181-country average is 15%: Guinea-Bissau sits above it, Palau sits below it. Guinea-Bissau's figure is dated 2022-02-25 and Palau's 2023-01-01, so the two rates come from different data vintages.

Wealth Tax

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

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