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Guinea vs Russia: tax rates compared

Russia's income tax rate is 2pp higher than Guinea's (22% vs 20%). The 200-country average is 28%: both sit below it. Guinea's figure is dated 2022-01-01 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%VAT18%22%Wealth Tax0%
four shared taxes, side by side
Tax GN RUDifference
Income Tax20%22%RU +2 pp
Corporate Tax25%25%match
VAT18%22%RU +4 pplargest gap
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
Russia22%Source: KonsultantPlus — Tax Code of the Russian Federation (Part Two), Article 224, Tax Rates · as of 2026-07-04
Difference−2 ppRussia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guinea25%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'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
Guinea18%Source: PwC — VAT and Indirect Taxes in Africa 2023, Guinea · as of 2023-01-28
Russia22%Source: Federal Tax Service of Russia (FNS) — VAT rate transition guidance · as of 2026-01-01
Difference−4 ppRussia higher

Russia's VAT rate is 4pp higher than Guinea's (22% vs 18%). The 181-country average is 15%: both sit above it. Guinea's figure is dated 2023-01-28 and Russia's 2026-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Guinea0%Source: Direction Générale des Impôts (DGI) Guinée — official site · as of 2026-07-18
Russia0%Source: Tax Code of the Russian Federation, Part Two (official consolidated text via KonsultantPlus legal reference database) · as of 2026-07-18
Difference0 ppdisplayed rates match

Guinea'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.