GN · AfricaPW · Oceania

Guinea vs Palau: tax rates compared

Between the two, Guinea's income tax rate (20%) tops Palau's (12%) by 8pp. The 200-country average is 28%: both sit below it. Guinea's figure is dated 2022-01-01 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%18%Wealth Tax0%
three shared taxes, side by side
Tax GN PWDifference
Income Tax20%12%GN +8 pplargest gap
VAT18%10%GN +8 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Guinea20%Source: Guinea Code Général des Impôts (Loi ordinaire L/2021/032/AN), Direction Générale des Impôts, Articles 63-64 · as of 2022-01-01
Palau12%Source: Government of Palau — Bureau of Revenue and Taxation, Wages and Salary Tax · as of 2026-07-20
Difference+8 ppGuinea higher

VAT

VAT, side by side
CountryRateSource
Guinea18%Source: PwC — VAT and Indirect Taxes in Africa 2023, Guinea · as of 2023-01-28
Palau10%Source: Palau Bureau of Revenue & Taxation — Palau Goods and Services Tax (PGST) · as of 2023-01-01
Difference+8 ppGuinea higher

Between the two, Guinea's VAT rate (18%) tops Palau's (10%) by 8pp. The 181-country average is 15%: Guinea sits above it, Palau sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Guinea0%Source: Direction Générale des Impôts (DGI) Guinée — official site · as of 2026-07-18
Palau0%Source: Palau National Code, Title 40 (Revenue and Taxation) — official text · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Guinea and Palau both post a wealth tax rate of 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.