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Guinea vs Serbia: tax rates compared

Between the two, Guinea's income tax rate (20%) tops Serbia's (10%) by 10pp. The 200-country average is 28%: both sit below it. Guinea's figure is dated 2022-01-01 and Serbia's 2026-02-25, 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

0102030405060Income10%20%Corporate15%25%VAT18%20%Wealth Tax0%
four shared taxes, side by side
Tax GN RSDifference
Income Tax20%10%GN +10 pplargest gap
Corporate Tax25%15%GN +10 pp
VAT18%20%RS +2 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
Serbia10%Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25
Difference+10 ppGuinea higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guinea25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Serbia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10 ppGuinea higher

Between the two, Guinea's corporate tax rate (25%) tops Serbia's (15%) by 10pp. The 201-country average is 22.6%: Guinea sits above it, Serbia sits below it.

VAT

VAT, side by side
CountryRateSource
Guinea18%Source: PwC — VAT and Indirect Taxes in Africa 2023, Guinea · as of 2023-01-28
Serbia20%Source: PWC Worldwide Tax Summaries — Serbia (Corporate, Other taxes) · as of 2026-02-25
Difference−2 ppSerbia higher

Between the two, Serbia's VAT rate (20%) tops Guinea's (18%) by 2pp. The 181-country average is 15%: both sit above it. Guinea's figure is dated 2023-01-28 and Serbia's 2026-02-25, 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
Serbia0%Source: PWC Worldwide Tax Summaries — Serbia (Net wealth/worth tax rates) · as of 2026-02-25
Difference0 ppdisplayed rates match

There's no gap here — Guinea and Serbia 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: Capital Gains Tax, Crypto Tax.