GY · AmericasIQ · Asia
Guyana vs Iraq: tax rates compared
Guyana has an income tax rate of 35%, 20pp above Iraq's 15%. The 200-country average is 28%: Guyana sits above it, Iraq sits below it.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | GY | IQ | Difference |
|---|---|---|---|
| Income Tax | 35% | 15% | GY +20 pplargest gap |
| Corporate Tax | 25% | 15% | GY +10 pp |
| VAT | 14% | 0% | GY +14 pp |
| Capital Gains Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Guyana | 35% | Source: PWC Worldwide Tax Summaries — Guyana (Individual, Taxes on personal income) · as of 2026-06-02 |
| Iraq | 15% | Source: PWC Worldwide Tax Summaries — Iraq (Individual, Taxes on personal income) · as of 2026-06-24 |
| Difference | +20 pp | Guyana higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Guyana | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Iraq | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +10 pp | Guyana higher |
Guyana has a corporate tax rate of 25%, 10pp above Iraq's 15%. The 201-country average is 22.6%: Guyana sits above it, Iraq sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Guyana | 14% | Source: PWC Worldwide Tax Summaries — Guyana (Corporate, Other taxes) · as of 2026-06-02 |
| Iraq | 0% | Source: PWC Worldwide Tax Summaries — Iraq (Corporate, Other taxes) · as of 2026-06-24 |
| Difference | +14 pp | Guyana higher |
Guyana has a VAT rate of 14%, 14pp above Iraq's 0%. The 181-country average is 15%: both sit below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Guyana | 0% | Source: PWC Worldwide Tax Summaries — Guyana (Individual, Other taxes) · as of 2026-06-02 |
| Iraq | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Iraq · as of 2025-10-01 |
| Difference | 0 pp | displayed rates match |
Guyana and Iraq share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Guyana's figure is dated 2026-06-02 and Iraq's 2025-10-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Guyana | 0% | Source: PWC Worldwide Tax Summaries — Guyana (Individual, Other taxes) · as of 2026-06-02 |
| Iraq | 0% | Source: PWC Worldwide Tax Summaries — Iraq (Individual, Other taxes) · as of 2026-06-24 |
| Difference | 0 pp | displayed rates match |
Guyana and Iraq share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.