GW · AfricaRU · Europe

Guinea-Bissau vs Russia: tax rates compared

Russia's income tax rate is 2pp higher than Guinea-Bissau's (22% vs 20%). The 200-country average is 28%: both sit below it. Guinea-Bissau's figure is dated 2021-01-31 and Russia's 2026-07-04, 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%22%Corporate25%VAT19%22%Wealth Tax0%
four shared taxes, side by side
Tax GW RUDifference
Income Tax20%22%RU +2 pp
Corporate Tax25%25%match
VAT19%22%RU +3 pplargest gap
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
Russia25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Guinea-Bissau's corporate tax rate is identical to Russia's — both sit at 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
Russia22%Source: Federal Tax Service of Russia (FNS) — VAT rate transition guidance · as of 2026-01-01
Difference−3 ppRussia higher

Russia's VAT rate is 3pp higher than Guinea-Bissau's (22% vs 19%). The 181-country average is 15%: both sit above it. Guinea-Bissau's figure is dated 2022-02-25 and Russia's 2026-01-01, so the two rates come from different data vintages.

Wealth Tax

Guinea-Bissau's wealth tax rate is identical to Russia'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.