GW · AfricaTV · Oceania

Guinea-Bissau vs Tuvalu: tax rates compared

Tuvalu's income tax rate is 10pp higher than Guinea-Bissau's (30% vs 20%). The 200-country average is 28%: Guinea-Bissau sits below it, Tuvalu sits above it. Guinea-Bissau's figure is dated 2021-01-31 and Tuvalu's 2023-07-21, 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

0102030405060Income20%30%VAT4%19%Wealth Tax0%
three shared taxes, side by side
Tax GW TVDifference
Income Tax20%30%TV +10 pp
VAT19%4%GW +15 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
Tuvalu4%Source: Consumption Tax Regulations, 2022 Revised Edition (CAP 26.02.1), Tuvalu · as of 2011-12-19
Difference+15 ppGuinea-Bissau higher

Guinea-Bissau's VAT rate is 15pp higher than Tuvalu's (19% vs 4%). The 181-country average is 15%: Guinea-Bissau sits above it, Tuvalu sits below it. Guinea-Bissau's figure is dated 2022-02-25 and Tuvalu's 2011-12-19, so the two rates come from different data vintages.

Wealth Tax

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