GN · AfricaIT · Europe
Guinea vs Italy: tax rates compared
Between the two, Italy's income tax rate (47.2%) tops Guinea's (20%) by 27.2pp. The 200-country average is 28%: Guinea sits below it, Italy sits above it. Guinea's figure is dated 2022-01-01 and Italy'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
| Tax | GN | IT | Difference |
|---|---|---|---|
| Income Tax | 20% | 47.2% | IT +27.2 pplargest gap |
| Corporate Tax | 25% | 27.8% | IT +2.8 pp |
| VAT | 18% | 22% | IT +4 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Guinea | 20% | Source: Guinea Code Général des Impôts (Loi ordinaire L/2021/032/AN), Direction Générale des Impôts, Articles 63-64 · as of 2022-01-01 |
| Italy | 47.2% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −27.2 pp | Italy higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Guinea | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Italy | 27.8% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −2.8 pp | Italy higher |
Between the two, Italy's corporate tax rate (27.8%) tops Guinea's (25%) by 2.8pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Guinea | 18% | Source: PwC — VAT and Indirect Taxes in Africa 2023, Guinea · as of 2023-01-28 |
| Italy | 22% | Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13 |
| Difference | −4 pp | Italy higher |
Between the two, Italy's VAT rate (22%) tops Guinea's (18%) by 4pp. The 181-country average is 15%: both sit above it. Guinea's figure is dated 2023-01-28 and Italy's 2026-07-13, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Guinea | 0% | Source: Direction Générale des Impôts (DGI) Guinée — official site · as of 2026-07-18 |
| Italy | 0% | Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Guinea and Italy both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Guinea's figure is dated 2026-07-18 and Italy's 2024-01-01, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.